Getting the Most Bang for Your Buck with Home Upgrades

Are you selling your home soon, or do you simply want to be wiser about the money you put into your home? Not all home upgrades are equal in how they will affect the value of your home. There are some upgrades that will give you a disproportionately higher return on the money that you put into them. Here is a look at some of the home upgrades that are going to give you the best bang for your buck.

Home Upgrade - Getting the Most Bang for Your Buck with Home Upgrades

Update Your Countertops

Your kitchen is the number one room that is tied to your home’s value. Every dollar you do or don’t spend on your kitchen has a direct impact on what your home is worth. However, kitchen updates also tend to be incredibly expensive, which means it’s important to carefully budget and place those dollars where they have a real impact. The good news is that even a small kitchen remodel can give you a 92.9 percent return on your investment. New countertops are a great place to start if you are considering a minor kitchen remodel since they can change the entire aesthetic of the kitchen and have a direct impact on how usable it is.

Repaint Old Rooms

It’s a bit cliche, but it’s also true that slapping a new coat of paint on something that make a world of difference. Old and outdated rooms can feel fresh and new if you paint them a color that is currently desirable. Obviously, this means that your paint job needs to look professional (here’s a good guide with some tips on how to accomplish that). Before you start painting, do some research on what colors are currently hot that year. Recently, cooler colors have become more popular, but it can be nice to have one accent wall that is a brighter color.

Roof Upgrade - Getting the Most Bang for Your Buck with Home Upgrades

Upgrade Your Roofing

Did you know that your home’s roof can make up as much as 40 percent of your home’s curb appeal? This helps explain why new roofing is also up there on home upgrades that can give you a major return on investment. A new roof can help boost your home’s curb appeal, all while ensuring that it remains safe from any weather damage. A new roof can even help reduce energy costs in the home.

Remodel Your Bathroom

Because kitchens and bathrooms are the two main rooms that home buyers scrutinize when checking out a home, it makes sense to invest some money in updating your bathrooms as well. Just be sure when updating the bathroom that you don’t go overboard. You typically want to keep the updates consistent throughout all of the bathrooms in your home, and even just a few minor bathroom updates can go a long way. Here is an excellent list that shows some simple ways you can transform your bathroom with small additions.

Bath room Upgrade - Getting the Most Bang for Your Buck with Home Upgrades

Get Energy Efficient Windows

Many homeowners don’t think to replace their windows, but did you know that new windows can seriously impact how much you pay to heat and cool your home? Updated windows can help make your home more energy efficient, giving you 80 percent or more return at resale. The great news with this is that you don’t even necessarily need to install entirely new windows. You can also opt to get tinting treatments on your existing windows, which comes with a whole assortment of benefits.

Upgrade Your Exterior Siding

Curb appeal is one of the biggest impacters of home value, and it doesn’t necessarily need to break the bank to improve. If your home has siding, that siding is going to be the first thing anyone sees when they look at your home. Keeping your siding in good condition—and replacing parts of your siding as needed—will maintain the aesthetic appeal of your home, all while also ensuring that your home is protected from harsh weather conditions. According to one study of common home investments, new siding can give you a 92.8 percent return on your investment.

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