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Which home updates tend to make back their money?
Do you want to revitalize your kitchen and bathroom this year? If you're planning to sell your home, these rooms will be major points of interest and need to shine. Without spending a fortune on remodels, why not invest in some key areas of each room to increase resale value?
Popular Kitchen Improvements
According to a recent info graphic, the most popular size of a kitchen remodel averaged around 400 square feet. In terms of improvements, data showed you should focus on popular projects like:
While a kitchen remodel can cost around $23,000, focusing on specific projects cuts down the price tag. At the same time, paying attention to certain areas can make a big difference in an offer price. The other room buyers pay attention to is your bathroom. So revitalize these rooms, whether they need a few changes or a complete overhaul.
Popular Bathroom Improvements
According to the info graphic, the average bathroom remodel size was between 400 and 800 square feet. The most popular improvements to the bathroom included:
Investing in one or more of these will cost less than remodeling your entire bathroom which may run more than $10,000. Renewing your bathroom shower and tub, in particular, will jump out of potential home buyers, helping you make your money back. You can also make smaller improvements like a new medicine cabinet, re-facing your counter tops or cabinets and re-grouting bathroom tile.