As of 2018, most homes for sale remained on the market for 65 to 93 days.
When it’s time to sell, you don’t want to wait two to three months for your home to change hands. Instead, you’re thinking, “I’d rather sell my house fast.”
You can speed things up by renovating your property now to fill it with buyers’ must-haves. These are the room remodeling projects on which you should focus — they’ll pay you back in dividends and get your abode off the market ASAP.
As of 2018, the kitchen was the most popular remodeling project amongst homeowners.
It’s nice to live in a house with a modern kitchen — and potential buyers will want to see such a space when they come to tour your home.
Everyone’s tastes are different, of course, but most buyers seek the same general feel. Open floorplans remain popular, as do stone and concrete countertops. Updated appliances are the cherry on top of a modern renovation.
If your budget or timeline is limited, focus on your kitchen’s countertops. They’re the most visible part of your design — swapping them out for something new can completely transform the look of your kitchen.
You can do lots of kitchen DIY yourself to spruce up the space, too. You can re-paint the cabinets and swap out hardware yourself. Then, hire a professional to install your new countertops to complete the project.
Kitchen and bathroom renovations always give the best return on investment when it’s time to sell.
We’re not just talking about the master bathroom, either. Take a critical look at every half and full bath in your home and consider updating anything that feels outdated.
To make a return on your renovation, you don’t have to rip out your bathrooms and start over. But there are some must-dos, depending on the state of your lavatories.
For example, replacing old faucets and hardware can freshen up the bathroom. You might also paint the walls, swap out the light fixtures and add a more modern towel bar. These small changes can have a tremendous impact.
Even if you do update your entire bathroom, you will get a generous return on your investment because bathrooms are important to buyers.
The kitchen and bathrooms are, by far, the most lucrative renovated rooms. However, there some other spaces to spruce that give a bit more bang for your buck.
Depending on your home’s layout, you could:
- Re-paint, add crown molding and hang a ceiling fan in the master bedroom.
- Remodel the kitchen and living room so that you have openness and flow between the two spaces.
- Upgrade to a smart shower, which will remember your temperature and lighting preferences for every rinse. A top-of-the-line toilet with a heated seat can woo buyers, too.
- Transform your walk-in closet into a showroom with built-in organizers, mirrors and display cases for your most beautiful wares.
Make the Most of Room Remodeling
You can’t predict what every buyer will want. However, most of them seek the same room remodeling when they come to tour your house. So, if you want your project to pay off, focus on the above areas — then wait for the money to pour back in.