During the pandemic, many of us are testing out our home improvement skills. In fact, if done properly, it may even help boost your home’s value! Consider these 4 to increase your ROI (return on investment).
Exterior Curb Appeal
Take a good look at the outside of your house. Does it look a little dated? Time to freshen things up! Quick ways to do this: paint the house, change the color of your front door, replace siding, add a sitting area on your porch, update lighting fixtures, etc. On average, this little facelift can produce a 95% ROI.
This is an easier task to take on yourself, but also don’t be afraid to reach out for help if you feel your green-thumb is lacking. Upgrade the mulch, trim the bushes, add in pops of color with flowers, and/or install a walkway. Typically people will notice a FULL (100%) ROI.
Who doesn’t love an up-to-date kitchen?! In order to get the most ROI (on average 73%-83%) for your investment, you should: change up your cabinet doors (think paint or a new stain), new countertops, under cabinet lighting, and update hardware. These little touches make all the difference to prospective buyers.
A bit more of an undertaking, but most people recoup all their costs…and then some on minor bathroom remodels! For this minor improvement: replace the tub, update flooring, add new lighting fixtures and hardware, and add new tile surround. These fixes, on average, create a 86% ROI!
What are you renovating these days?