If you’re thinking about selling your home, you might be wondering if remodeling a home would give you the return on investment you’re hoping for.
Of course, doing a complete overhaul on your home might take too long or be completely out of your budget, but that doesn’t mean you can’t take on some small projects here and there. So let’s take a look at what’s worth remodeling and replacing, what you might want to leave alone, and how much it’s going to cost in the end.
What to Remodel
When thinking about remodeling a home, it’s helpful to look at a few different things. What types of improvements do you want to make, and at what price? What type of house are you currently living in, and is it any longer up to your personal standards? This way, you can decide what needs to be fixed and what types of upgrades you want to make. Expanded From $2,000 to $15,000 Keeping it simple, a few upgrades could add up to more than $2,000. Depending on your budget, here are the projects you can take on in your home that turn out a high return on investment:
- Bathroom(s)
- Landscaping
- Kitchen (even just minor remodels)
- Adding a deck, patio, or porch
- Replacing the windows
- Entryway Remodel
- Flooring
- Adding Storage
What NOT to Remodel
While there might be something you don’t like about almost every room in your house, it’s important to note that remodeling a home completely doesn’t always guarantee a higher selling price. Here are the projects you might be tempted to take on but, in our opinion, are not worth the time, effort, and money investment:
- Cosmetic things like expensive wallpaper and window treatments
- Adding square footage to your house
- Adding a swimming pool
- Garage, attic, or basement conversions
- Luxury upgrades
- Solar panels
What Remodeling Will Cost
Before we begin, you have to figure out how much it will cost to do any of these things. Let’s look at the big-ticket items: Kitchen remodel – Depending on how big your kitchen is, this remodel could run you anywhere from $10,000 to $30,000. If you’re remodeling a kitchen, you’ll want to try to be in the $15,000 to $20,000 range. Include Kitchen island, countertops, sink, backsplash, faucet, and appliances. Bathroom remodels – This is a project that requires a lot of work for a little space but can ultimately sell your home. Bathroom remodels cost anywhere from $6,000 to $16,000, according to HomeAdvisor. Include new paint, more modern fixtures, a new vanity, update the shower, and change the lighting. New landscaping will depend on the size of your yard and what you have in store for it. Most landscaping companies can help you create a plan that is right for your home and your budget by giving you a quote before you even go through with the landscaping itself.
Maximum Cash Home Buyers Wants Your House As-Is
Feeling overwhelmed by the idea of remodeling a house before you sell it, but are you also feeling like no one wants your house if you don’t remodel it? Then look no further than Maximum Cash Home Buyers! We buy houses as-is with cash, so we’ll be able to close in a matter of days and adapt to your schedule as needed. So, instead of pouring time and money into updating your house, sell it to us for cash! If you want to learn more about our process or are ready for an offer, give us a call! We buy homes in Atlanta, Georgia, and many surrounding areas, so don’t wait, contact us today!