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How to Get the Best Home Improvements to Boost Your Home’s Value Before Selling

If you’re looking to boost your home’s value before selling, it’s important to know what will give you the best return on investment. While not all projects are created equal, a few home improvement ideas will pay for themselves and boost your property’s overall appeal.

Interior upgrades are one of the most popular ways to increase a home’s resale value. Updating kitchen cabinets, bathroom fixtures and flooring can make your home look more upscale and help prospective buyers imagine themselves living in the space.

Adding architectural trim and millwork can transform a room without a significant renovation. Whether you’re doing this yourself or hiring a professional, it can make a major difference in the overall appearance of your home.

Another low-cost project that can boost the resale value of your home best home renovations is adding a backsplash. Replacing an old backsplash with a new tile can instantly improve the look of your kitchen, and it can be done in as little as a weekend.

Painting a room is another inexpensive and easy way to boost your home’s resale value. Paint your walls a color that makes your home stand out from the rest and increases its visual appeal.

Installing a pool is another costly and potentially unfavorable home improvement that doesn’t add to your property’s resale value. While a swimming pool can be fun for you, potential buyers may turn it down because they’d have to pay the high maintenance costs and deal with all the safety issues that come along with having a pool.

In addition, installing a pool can also cause you to spend more money on homeowners insurance and utilities. You’ll also need to make sure that it’s properly screened and maintained, as well as that you have the right insurance.

The best thing you can do is to keep your renovation budget realistic. Set a goal for how much you want to spend on your project, and then set aside that amount into a savings account every year or two.

If you have the money, a HELOC or cash-out refinance are options to finance home improvements, but be aware of how long it will take to recoup your investment.

Before you start a home improvement project, check with your real estate agent for advice on which improvements will have the most impact on your resale value. They can also tell you which changes will draw the most attention from potential buyers and how they might affect your sales price.

Choosing quality upgrades is the key to a successful remodel, as it can boost the resale value and help you sell your house faster. Avoid the temptation to go overboard and get luxury appliances or other features that won’t recoup your home-improvement costs at sale time.

Ultimately, the most successful home improvement projects are those that enhance your enjoyment of the home and raise its overall appeal. This is why many of the highest-return projects are also some of the least expensive and easiest to complete, such as a simple paint job or adding an accent wall.

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