Whether you want to wow prospective buyers, or are simply looking for some budget-friendly design upgrades, it important to prioritize which upgrades will give you the highest ROI. We’ve compiled our top 5 upgrades that provide highest ROI. We can thank HGTV for conditioning buyer’s to appreciate relatively cost-efficient upgrades.
Lighting
The fastest way to modernize a living space is by updating your light fixture. A light fixture sets the tone and ambience for the whole living space. Light fixtures are also a relatively inexpensive way to make a big impact. Opt for soft lighting with warm, white bulbs on a dimmer switch. Nothing spoils a get together like harsh, white lightning.
storage
The cheapest way to gain more usable square footage in your home is by installing smart storage solutions, especially if you live in a condo. Consider installing floor to ceiling shelves and railings in your closets, closet hooks on the back of doors, and if you have a basement or garage consider installing smart storage solutions in there too.
Fixtures
Upgrading fixtures like cabinet door handles, faucets, and light switches and outlets can make a big impact when selling a home that is a few decades old. In the kitchen opt for long, sleek handles for a more modern look. If the cabinets are in bad condition consider having them professionally painted. When changing door handles consider installing levers, because they are easier to open for children and people with arthritis.
Window Treatments
Window treatments can drastically affect the feeling of a living space. If you’re installing curtains we suggest hanging them at least 6 inches above the window, and make sure they reach the floor. For a more dramatic affect hang the curtains from the top of the wall. Pick a fabric that drapes well, one that is too thin might look cheap, and one that is too heavy might flare.
Smart Home Technology
Buyers love technology. We recently installed a NEST learning thermostat. The thermostat senses when we are home, and adjusts the heating and cooling schedule accordingly. Our garage doors are also operated wirelessly. Other home technology options are Wifi linked front door locks, and lighting.
These upgrades are relatively easy to complete and are budget friendly. They are all geared towards modernizing your home, making it more livable, and saving energy. Potential home buyers are conditioned by HGTV to gravitate towards beautiful design, which is why it’s so beneficial for you to focus some money into upgrades prior to selling.
