9 Renovation Tips to Boost Resale Value

Making the right renovation decisions can help you sell your house quicker, and for more money.

By Kristina Grosspietsch | Published Oct 22, 2020 04:04 PM

Reno for Resale

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ways to increase value of home

Planning to sell your house this year? Remodeling can mean the difference between "for sale" and "sold." But before you tear the whole place apart, be certain you're investing in upgrades for which you'll see a return. 

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Kitchen Can't Miss

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remodeling a kitchen for resale

The most frequently used and commented upon room in your house is the kitchen, and that makes it your number-one renovation priority. Since an up-to-date kitchen helps entice homebuyers, money you spend in this space can usually be expected to find its way back into your wallet.

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Think Small

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cheap ways to increase home value

Even small, low-cost improvement projects can change the face of your home more dramatically than you might expect. For example, a fresh coat of paint will transform the character of a room. Likewise, replace outdated light fixtures or change the cabinet hardware for instant upgrades.

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Stay Neutral

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paint color for resale

In trying to sell your home, appeal to the largest number of potential buyers you can. Hold off on painting the dining room a bold color, no matter how much you might love that shade of purple. Opt instead for an earth tone. Not only do neutral colors help buyers visualize themselves permanently living in a home that's on the market, but subdued tones also easier to paint over. 

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Go Undercover

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real estate comps

Do a little reconnaissance. Check out other homes in your neighborhood that have recently sold, paying special attention to those features that buyers have found most appealing. Knowing the details of how other sellers have been successful will help you determine which areas of your home deserve your attention first.

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Don't Go Overboard

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bad home upgrades

Don't get caught in the home improvement trap of shelling out remodeling dollars you won't make back upon resale. To be sure you're spending wisely, ask a real estate professional for advice on whether or not to pursue a particular renovation you may be considering.

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To DIY or Not?

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know your DIY limits

Know your limitations and avoid having to pay a contractor to fix your mistakes. If you're not 100% sure you can handle a project, seek a helping hand at the outset. Doing so is likely to save you time, money, and heartache in the long run. As always, hire only licensed contractors for any home improvement project you decide on tackling.

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Keep It Clean

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clean house

Prospective buyers won’t even notice the great upgrades you’ve made if your house is a mess. Make sure the closets are organized to emphasize storage opportunities. Routinely swiffer the floors, dust the furniture, and clean the counters before open houses and showings for a neat and tidy presentation.

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Don't Forget Outside

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outdoor resale value

First impressions matter, so don't forget about your yard when getting ready to sell your house. A new facade or front door are big projects that increase your home's value, but little improvements like adding new plants make a big difference too!

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Don't Miss!

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