You’ve heard it before: to add value to your home when you sell, you should remodel, renovate, or restore. How true is this sweeping generalization? Do home improvements really pay off? Well, it depends.
4 Home Improvements That Add Value
Someday you may want or need to sell your home near Denver, Colorado—and not all home renovations are created equal. Some home improvements add more resale value than others; some take away your chance of selling. Here are four home improvement projects that can help your home sell—and what home improvement projects to avoid if you are only looking for a return on investment.
1. Kitchen remodels
Everyone has to eat, right? It’s common for home buyers to assess the kitchen most readily—and any improvement to this space will be seen as positive. Especially in older homes, kitchen improvements tend to add value.
2. Bathroom renovations
Bathrooms are similar to kitchens. Home buyers know they’ll spend quite a bit of time in these spaces—and they want to know that the appliances are going to last. Modernizing older cabinet styles or upgrading to new appliances will definitely improve your selling potential.
3. Window replacements
Older windows can creak and let out conditioned air. Faulty windows can even lead to heating and cooling problems and higher energy bills—which is a major turn off for home buyers. Want to call your home energy-efficient? Consider window replacements for a higher return on investment when it’s time to sell.
4. Outdoor refinishing
Your home’s exterior is the first thing a potential buyer will see. Don’t scare them away with poor landscaping and a bad paint job. Even adding a new roof can improve the overall resale value!
What Home Improvements Negatively Affect Resale Value?
Let’s face it: any home remodel has an opportunity to negatively affect resale value. Why? Because home remodels tend to focus on personal tastes and lifestyle fits. You’re unique and if your home is too unique, you might be the only person fit for its style.
Adding personality to your home and renovating for your lifestyle can be absolutely wonderful—but you must understand that not every buyer will need your art studio or wine cellar. Often, if it’s too specific, buyers won’t pay the premium it cost you build out.
Other than the oddly specific renovations, some common renovations that can turn off buyers or not help your resale value include massive swimming pools, garage conversions, and luxury upgrades.
H3 Construction and Design: Denver’s Most Reliable Home Remodeling Company
Need to remodel near Denver or Fort Collins? Our team is always happy to help with any home remodel or renovation. We’ll answer any questions you may have about the home improvement process, cost, and more on the first call—and we’ll make sure to tell you the truth about the value of your remodel.
At H3 Construction and Design, you’ll find a team trusted home addition and home remodeling contractors local to the Loveland, Colorado area and beyond. Call us today at 970-515-2264 to learn more about our expert remodeling services or contact us online—we can’t wait to work with you!
Located in Loveland, CO, we also serve homeowners throughout Fort Collins, Ault, Greeley, Denver, Windsor, Boulder, Longmont, and the surrounding communities in Northern Colorado.