31 Home Improvements That Will Double the Value of Your Home
From big to small, we have home improvements that add up to a huge boost in the value of your home!
This may be the best home improvement you can make. After all, can we ever have enough bathrooms? According to Steve Frellick, licensed contractor and founder/broker of Yonder Luxury Vacation Rentals, a one-to-one bedroom/bathroom ratio is ideal. “An additional bathroom creates greater functionality of a home, while also increasing resale value.” Not sure where you could possibly squeeze in an additional bathroom? There are usually a variety of hidden opportunities in homes. This may be an underutilized closet, space in the basement, or “stealing” a little space from a bedroom or hallway, says Frellick. Check out these 15 secrets to locking down the sale of your home faster.
Spruce up the bathroom
“Bringing your bathrooms into the 21st century creates a high degree of functionality and a huge return on your investment,” says Frellick. You don’t have to necessarily gut it and start over. New fixtures, fresh paint and light fixtures, and exhaust fans are good places to start. Check out these 13 easy bathroom makeover ideas.
Update bathroom tile
Replace worn out tile with subway tile for a classic look that will appeal to most tastes, says Frellick. If you have more wiggle room in your budget, replace a water-hogging toilet with a slimline, low-flush model.
Take a peek under your carpet and you may discover a home improvement ready to go. “Hardwood and tile floors add a level of warmth and are a definite return on investment,” notes Frellick. Hardwoods, laminate, and tile floors are easier to clean and aren’t magnets for dust and dirt, so they’re ideal for people who suffer from allergies. Check out this allergy-proof checklist for your home.
Add some flair
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Mid-century modern and retro design are on trend right now. Adding a few elements of a trendy design will add some serious “cool” to your digs, Frellick says. “Hang an antique barn-door in place of a traditional closet door, update some light fixtures with retro fixtures using Edison bulbs, or do a wall in wood or brick tiles. These kinds of home improvements are ones that almost any homeowner can tackle,” says Frellick. Here are some more easy DIY projects for your home.
New floor plan
“One of the things that tends to date a home and potentially turn off buyers is the floor plan,” says Bill Golden, an independent real estate agent with RE/Max Metro Atlanta City side. “Today’s buyers all want an open concept floor plan, where the kitchen is open to a family room.” Knocking out a wall or two to accomplish this is usually doable, depending on the structure. But don’t take on this task if you’re not a pro. Binge watching Fixer Upper may get your wheels turning but, you probably shouldn’t DIY these home improvements.
Spruce up the shower
Master suites that embody a luxurious spa-like feel are coveted by most of us. If you’re going to upgrade, get schooled on what is on trend. “There was a time when all new master baths had giant soaking tubs. Today, most buyers prefer a smaller tub with a bigger, nicer shower, says Golden.
Whether hosting a game night, book club or wine tasting, an unused space can become party central. “Turn your basement or a spare living room into a finished space with a big screen TV, bar, and lounge area,” suggests Mary Ann Graboyes, real estate agent, Weichert Realtors® in Blue Bell, Pennsylvania. Whether it’s kid-friendly or a space for adults, this home improvement will be utilized a lot and add value to your home now—and down the line when you’re ready to sell.
“Outdoor living spaces are on the checklist for most new luxury home buyers,” says Graboyes. The ability to cook outdoors without running in and out of the home to retrieve food and utensils is a luxury any grill master can appreciate. Build your outdoor cookspace with a BBQ grill, mini bar, refrigerator, and you’ll have a culinary home improvement masterpiece.
When you add green energy features to your home, the appeal and value is increased immediately. Make a clean sweep throughout the entire house. “Change all light bulbs to CFLs, purchase low-energy appliances, replace toilets and showers with low-flow features, swap old windows for energy-efficient ones, filter your spigot water so you can ditch the plastic bottles, and add a programmable thermostat so you can turn down the heat when you are gone during the day,” suggest Graboyes.