Friday, May 19, 2023 / by Nick Waldner
Where should you invest your money to maximize resale value in the housing market? Let's dive straight into the top area where you should focus your spending. Although you might be thinking about kitchens or bathrooms, the most cost-effective way to make a significant impact on your entire house is through a fresh coat of paint.
However, if you're considering renovating spaces, kitchens and bathrooms are indeed crucial, particularly the owner's suite and bathroom. Nowadays, buyers prioritize large showers with multiple shower heads and rainfall features, as opposed to the big soaking tubs that were popular in the past. If your older bathroom has a single vanity or a small shower, updating it can greatly enhance a potential buyer's interest.
When it comes to the kitchen, focus on aesthetics and functionality without overspending on high-end appliances, unless your property is a luxury home where such features are expected. If comparable homes in your price range have high-end appliances, you should consider including similar ones as well.
Navigating these decisions can be challenging, but with 20 years of experience, I can guide you through any projects or ideas, whether you plan to sell now, soon, or a decade from now. I'll help you make the right choices for your family when the time comes to sell. Call or email me anytime. I look forward to hearing from you.