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4 Home Renovation Project to Increase Your Property's Resale Value

Home Renovation projects
(Photo : Reuters) A growing number of homeowners in the U.S. are planning on renovating their homes in the coming six months, a new Realtor.com survey found.

For some people, embarking on a home renovation is such a heavy task and will only break the bank. For others, a small to big home improvement project will be beneficial to the current residents and further increase the property's resell value.

If you plan to put your house on the market in the future, thorough maintenance of the entire house is a must to maintain or even increase the property's value. Giving the house constant love only shows that you are a responsible homeowner and serious about making the house a safe and cozy dwelling place for future buyers.

According to experts, home improvement renovations often increase the house's value by 10 to 12 percent. Not bad, right?

Below are some home renovation projects that will sure increase your property's resale value.

Wall Repainting

Giving the walls a regular repainting is like washing your face at the end of the day; it will make you look and feel refreshed. For just around a $200 to $400 budget, you can repaint the walls in a neutral color palette that will surely give your home an instant prospective buyer.

According to home experts, painting the house's interior with neutral shades is the key to an excellent home-selling strategy. Below are the paint colors that suit every corner of the house:

  • Warm Gray - this goes well in any room as it gives the house an elegant contemporary vibe.

  • Soft Whites - having your walls painted in white gives buyers a perfect blank canvass. It will provide them with the freedom to add accent colors through furniture and decors.

  • Pale Pastels - pastel with hints of pink, blue, green, or lavender is perfect for bedrooms. It is not relaxing on the eye but also appealing to the different personalities of future owners.

  • Rich Beige - this buyer-friendly color offers a warmer option than white. It is considered a versatile design color as it comes in various undertones from gray to yellow.

5 Questions You Should Ask Yourself Before Getting Home Renovation
(Photo : Photo by KJ Styles on Unsplash )
5 Questions You Should Ask Yourself Before Getting Home Renovation

Bathroom Makeover

Bathrooms could be the smallest space in the house, but it is considered the home's grand showcase. The cramped, dark, and dirty-looking bathroom is a major turn-off to buyers. Nowadays, people opt for a large bathroom with enough space to move in and lots of natural light.

If you are on a budget, you can invest in small bathroom upgrades like replacing the tiles, installing a new sink, adding a vanity, or putting in new light fixtures.

Kitchen Upgrade

Back in the days, homebuyers only see the kitchen as a place to cook. It is now considered a living room extension where guests can hang out while sharing food.

While high-end appliances, marble countertops, and granite islands are a sure hit to buyers, homebuyers are also impressed with simple kitchen upgrades like plenty of shelvings and generous counter space.

Home renovation
(Photo : Image by Laura Shaw from Pixabay )

Crown Molding

This small home improvement could lead to a winning sale price, so never neglect the crown molding in each corner of the house. Besides giving the place added value, crown molding is also a great way to cover problem areas on walls around windows and doors.

READ MORE: Home Inspection Day? Top 5 Things Inspectors Check on Houses You Didn't Know


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