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These Five Modern Home Upgrades Will Increase Your Property Value.

Posted by Haley Moran on Dec 27, 2016 11:01:34 AM

These modern home upgrades will add value and attract homebuyers.

Sometimes it’s all about the details. While the complete renovation of your home might take a little more time and money than you have available,  a little extra time and effort spent to modernize your home will make a huge impact on potential buyers.

Simple and cost-efficient, these five modern must-have home upgrades for your home could be the cherry on top of an outstanding offer for selling your house.

Modern upgrades that will boost your home's value.

 

1) Shine up the bathroom.

If you want to sell your house, remodel the bathroom.

One of the best house selling tips is to revamp the bathroom. The cost of house upgrades like these, though, can seem steep and the work can be tedious. Old shower doors should be removed and replaced to add the illusion of space. Replacing an old tub, toilet, or sink, adding tile accents, a vanity, or updated fixtures, has proven its worth time and time again.

Ideally, homeowners want their bathroom space to feel like a spa. Heated floors, or the installment of a shower with body sprays and stone surround tile is a huge draw for homebuyers. An investment in a bathroom remodel can get back an average of cost of $26,052 at resale, a recoup rate of 92 percent.

 

2) Let there be light.

You can sell your house fast if homeowners can actually see it. Let in the light!

Nothing can scare away a potential homebuyer like a dark, dank living space. Throw in some can or recessed lighting in the kitchen and bathrooms to brighten the place up, while under-cabinet lighting is an attractive addition to many modern homes.

With the addition of quality under-cabinet lighting and skylights, your home will brighten and beam with little effort. You could even take it a step further to perk up a dark kitchen with French doors that’ll let in the sunshine. The average return on a lighting update can but upwards of 66 percent and you might sell your home fast with such a bright use of your budget.

 

3) Add some color to your life.

Paint upgrades will go a long way when trying to sell your house.

One of the simplest and most cost-effective improvements is just adding a fresh coat of paint to make a room look clean and updated. There's a science behind the color of paint also has the ability to affect the vibe of the room, and the overall mood of your guests. 

When selecting paint colors, keep in mind that neutrals appeal to the greatest number of people, therefore making your home more desirable. On average, a gallon of paint costs around $25, leaving you plenty of money to buy rollers, painter's tape, drop cloths and brushes.

 

4) Add a deck, patio or porch.

Building a porch, a patio, or a deck is a good way to attract home buyers.

Although adding a patio or porch is a pretty large undertaking, it’s well worth the effort. Giving youryard or courtyard an impressive porch entry with an inviting gate, lighting and mature plantings will have a significant impact at closing.

On average, adding a wood deck with a simple pattern costs about $11,000. At resale, you’ll get about $10,000 of that back, a recoup rate of 90 percent. In the west, the recoup rate reaches nearly 100 percent, but it falls to 83 percent in the south.

 

5) Beautify that bedroom.

Bedroom upgrades are important to sell homes.

Add a romantic, yet chic, touch to the  master bedroom, start by removing the current light fixture and replacing it with a small chandelier. Chandeliers give an air of elegance, and provide adequate lighting for the whole room.

Additionally, hardwood floors are a hot commodity for homebuyers. If you are able, pull up any existing, worn carpeting, and refinish the old floors to let the wood shine. Updating the master suite might require a lot of work, but the charming and cozy room provides an average 52 percent return.

What is My House Worth?

You don't have to make a single repair or upgrade. We pay all cash!

You want to sell your home, and you want to sell it the easiest way possible. The simplicity of selling your home for cash is you don't have to worry about expensive upgrades. MoneyBug will buy your home for cash, so you'll avoid a costly and drawn-out process of dealing with a traditional real estate agent. If you are trying to sell your house, you probably know the process can be stressful and not to mention, costly.

Realtors often charge a commission that equals as much as 6% of your home’s sale price. Combined with the other fees or sales tax, this can add up quickly to eat into your profit. There isn’t any waiting around with us, MoneyBug will buy your house in as little as seven days. There are no fees and no commissions to pay; you don’t even have to pay closing costs. You get to keep every bit of the money you earned from the sale of your house, even without making a single upgrade or renovation. MoneyBug doesn't care about curb appeal, we want you to have cash.

There’s no paperwork to get started, and our online technology takes care of the hard part. If you are ready to take action, it all starts with the click of your mouse. 

Get My Cash Offer!

Haley Moran

Written by Haley Moran

With a mother who's a successful interior decorator and a grandfather who's a house flipper, Haley grew up in an environment that was centered around real estate. She has a background in journalism and mass communications, and has been a non-fiction writer since 2004.

Topics: Insider, Homeowner Tips and Tricks

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