It’s still a seller’s market, but for how long? If you’re hoping to cash in and sell your Seattle home quickly, there are some things that you can do to make your home more marketable, like addressing any repair and renovation projects that you’ve been putting off.
With that in mind, when you’re fixing up your home before selling, be sure that you’re taking on projects that will add value to your home. You don’t want to drop thousands of dollars on something and it not pay off.
Here are some of the best home improvement projects you can do that will add value to your property.
1. Renovate the bathroom
Renovating the bathroom isn’t going to be cheap, but whatever you spend, it’ll be well worth it. Why? Because it adds 182% in resale value when all is said and done. So, while you may spend a couple thousand dollars on a new vanity, new floors, and a better tub, you can get almost twice as much back.
2. Boost curb appeal
First impression is everything and if you want to appeal as many buyers as possible, you need to improve your home’s curb appeal. Things like powerwashing the exterior of your home, springing for nice landscaping, and updating the lighting can make a huge impact. Even if you hire a professional landscaping crew to come in and work on your lawn, you’ll get 100% of that investment back. Plus, when potential buyers come to see your home and they see how beautiful the exterior is, they’ll be dying to see the interior!
3. Kitchen remodel
Kitchen remodeling projects are right up there with renovated bathrooms and curb appeal in terms of buyer appeal. Oddly enough, kitchen renovations only net you an 81% return. However, buyers are drawn to beautiful kitchens that are as functional as they are aesthetically pleasing. If you want to give your kitchen a facelift, buyers are attracted to stainless steel appliances, kitchen islands, and granite countertops.
4. Painting the front door
If your yard is already pretty well maintained but you want to give it a little punch of color, painting your front door is an excellent way to go. This is a cheap improvement that can make a big impact, for sure. Some popular door colors include black, red, gray, navy, and yellow. Just remember to choose a color that complements the rest of your home!
5. Build a deck or patio
Buying a house is one of the largest expenses most people will ever make in their lifetime, so of course it makes sense that they want to enjoy every inch of their new abode – including the great outdoors! If you don’t already have a deck or patio, consider adding one because it’ll add 90% in resale value. Even if you already have these features, you can’t go wrong with staging or giving it a fresh coat of paint or stain.
The name of the game for a quick sale is to give buyers a home that they can begin enjoying from day one. If you can’t afford to go all in for some of the larger renovations, your realtor® should be able to give you some recommendations of what you can do in today’s market that’ll make the most impact.