Could Some Home Renovations Pay You Back When You List Your Omaha Home for Sale?
Making updates and upgrades to your Omaha home is one of the many benefits and perks of homeownership. There are some projects that homeowners can do to spruce up or improve their homes that will actually help to sell their homes for more money as well. Here are some of the best home renovations that can put a little more money in your pocket when you list your home.
Updating the kitchen
For many years this has long been the smartest area to focus on for home renovations in a home. If your kitchen is more than 15 years old it is a good idea to consider a kitchen remodel. Areas like upgrading the flooring, replacing the cabinetry, and appliances will go a long way when communicated to potential homebuyers. A kitchen that is practically brand new is a huge attraction to Omaha buyers.
Some remodeling analyst reports have shown that updating a kitchen even with minor renovations can increase a property value by up to 65%. Just make sure not to go overboard in your kitchen remodel with over personalized amenities that you may find useful. These can be fun but their sticker tag comes in high and other potential buyers may not find it quite as amazing.
Outdoor entertaining space
Building a deck or incorporating a patio in your yard is a huge draw for potential Omaha home buyers. Many home buyers today want and almost expect to see the availability of space to create an outdoor living area and enjoy their yard. Reports show that homeowners can expect to recoup 55 to 71% of the cost of installing these upgrades.
Lighting fixtures
Some lighting fixture upgrades can be one of the most budget-friendly and easiest ways to take a space from feeling out data to updated. But in some older homes, this project could be a little more expensive because updating the lighting could mean re-wiring things. Even with the needed help of a professional electrician to re-wire something it is still a cost worth paying.
Updated light fixtures may not seem like much but they do a lot of work in making a space feel up-to-date and current. They can also bring light into the space and create an overall mood and feeling.
A new front door
The front door often gets overlooked in its importance to your home. Not only does it provide much-needed security but it also helps to set a style tone for the exterior of the home which is a very big job. Many times the outside of the front of the home is what buyers see first and it helps them to make the decision if they want to look further into the home.
Research has found that this project brings probably the best return on investment. It is said that upgrading a front door can increase your home offer as much as the amount you paid for it.
The bathrooms
Next to the kitchen, the bathrooms are one of the most important areas of a home to potential Omaha homebuyers. According to remodeling.com the average cost for a mid-range bathroom remodel is $18,000 with a recoup of 65% when selling your home. Upgrading bathrooms, especially in older homes is one way to take it from feeling old and tired to fresh and new. It is also one of the highest functioning rooms in a home and seen as one of the most valuable just behind the kitchen of course.
Painting
This is another relatively low-cost project you can do in your home to update it very easily and make it feel fresh, clean, and almost new again. Research shows that the average homeowner pays between just under 1000 to almost $3000 to paint the interior of their home if you are painting with the purpose of getting your Omaha home ready to sell then it is good to make sure you are picking a color that will appeal to the widest number and range of potential Omaha home buyers possible. This is a good time to consult with a trusted professional real estate agent on color suggestions for your space.
For more information or help selling and marketing your Omaha home please contact us anytime. We are highly knowledgeable in Omaha area real estate and dedicate ourselves to the satisfaction of our clients.
