Putting money into renovations and remodels can be great ways to improve your home’s resale value. Do you know how much your home is worth? When the time comes for you to sell your home, a home with renovations and upgrades will always outperform those without. Whether you’re preparing to list now or wanting to know which renovations to focus on, it’s important to choose projects that provide the best return on investment (ROI). The expert agents at Malfer & Associates understand the importance of upgrades that not only attract buyers but also increase the value of your home. Here is a list of projects that guarantee the best bang for your buck!

Kitchen Remodel

The kitchen is the heart of the home, and a kitchen remodel can yield a high ROI. Buyers are looking for modern appliances, ample counter space, and updated cabinetry. Even simple updates like refacing cabinets, installing new countertops, and upgrading appliances can go a long way for buyers to truly envision themselves in your home.

Bathroom Renovation

One of the remodels that consistently gets high ROI is bathroom renovations. Upgrade fixtures, add more storage, and update tile. If it works with your budget, also include features like double sinks, frameless glass showers, and smart lighting to make your home stand apart from the rest.

Curb Appeal & Landscaping

Malfer & Associates knows that first impressions matter. It is why when we work to get your business we come equipped with buyers and sellers guides. Your home needs that same great first impression. Enhancing your home’s curb appeal is a cost-effective way to boost resale value. Your home will charm buyers as soon as they drive up if you invest in simple landscaping projects like adding greenery, planting trees, and upgrading the driveway. Even small touches like a fresh coat of paint on the door or a freshly power-washed front porch can pay dividends.

Energy-Efficient Windows and Doors

Enjoy the benefits of this improvement now, and let it pay off even more when you list your home! Install energy-efficient windows and doors to lower energy bills and entice eco-conscious buyers. Today’s homebuyers are looking for homes that are both comfortable and sustainable. Upgrading windows and doors to prevent drafts and leaks can provide a significant return on your investment both now and in the future.

Updated Flooring

Over your stay, your home’s flooring has seen a lot! Replace outdated or worn flooring to drastically improve the look of your home. Our agents have found that hardwood floors tend to offer the best ROI. If you prefer something different however, luxury vinyl planks or high-quality carpeting are also great alternatives depending on the style of your home.

Finished Basement

That unfinished basement that has been a storage space can finally evolve into a livable space that adds valuable square footage to your home. Getting through a basement remodel not only results in an attractive finished basement, but buyers will appreciate the versatility it adds to the home. Whether it becomes a home office, another bedroom, or a workout space, the increased function of your home will increase the selling price.

Outdoor Living Space

Follow the basic principles of increasing curb appeal to also enhance outdoor spaces like decks, patios, and pergolas to appeal to buyers. Outdoor living areas give new opportunities for relaxation and living space. Additionally, if you have a great lawn or backyard, these spaces give you a chance to show those off.

Roof Replacement

Nothing can stop a deal in its tracks faster than a costly roof repair. A roof is one of the most critical aspects of a home, offering security and protection. You can not only increase your home’s value, but also give prospective buyers peace of mind by replacing or repairing your roof.

Partner with Malfer & Associates for Expert Guidance

At Malfer & Associates, we specialize in helping homeowners on their real estate journeys. Whether you’re preparing to list your home or simply want advice on the best improvements for resale value, our team is here to provide personalized tips and tricks while supplying expert market analysis. Contact us today for more tips on how to maximize the value of your home.