Top Upgrades to Boost the Value of Your Home | Trusted American Mortgage

If you’re interested in selling your home, you may want to make a few changes to help boost its value before putting it on the market.

It’s important to note that not all upgrades are made the same. Some require more money, time and effort, while others are less expensive and time-consuming.

When you want to prepare your home to sell, here are a few upgrades you can make to boost your home’s value.

A Fresh Coat of Paint

Refreshing the paint in (and on) your home is one of the least expensive ways to boost its value. The key is to choose neutral colors that keep the buyer’s attention on the home itself, not the wall colors.

Painting will also take less time to do compared to other home projects.

Increased Curb Appeal

Prospective buyers judge a home immediately, that’s why the outside appearance is so important. Curb appeal can make or break a person’s impression of a property.

Keeping the grass healthy, adding a few decorative bushes and planting a garden are simple ways to boost your curb appeal.

Added Square Footage

Increasing the square footage in your home with an addition is incredibly beneficial to boosting value, but it can be a pricey and time consuming endeavor. Depending on how long you have before putting your home on the market and your budget, it may pay off in the long run.

A study conducted by the National Association of Realtors shows that, for every 1,000 feet of living space in a home, the home’s value increases by 3.3%.

Upgraded Kitchens and Bathrooms

Investing in a kitchen or bathroom remodel is one of the best upgrades you can make for your home. It is well-known that these renovations provide the best return on investment compared to other home upgrades.

If this level of remodel is in your budget and you have the time before moving, it may be a good idea to undertake before selling your home.

Making upgrades in your home allow you to enjoy the space while you live there and then sell your home for a higher price. If you’re able to make larger renovations, that’s great! If not, something as simple as a fresh coat of paint and good landscaping can make a significant difference.

When you’re in the market to purchase a new home, contact us today for mortgage assistance!