Category Archives: home projects that add value

Home Projects That Make You Money

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brown houseNo one wants to throw money out the window without seeing at least some kind of return on their investment. Whether you bought a fixer upper, plan on selling your house or just want to add value, choosing projects that actually bring money back to your pocket book is not as challenging as it sounds (or in some cases as expensive). While some projects sound like they bring value, such as that home office you’ve always wanted, here’s a list of projects that actually can make you money:

  • Updating kitchen hardware & countertops/full kitchen remodel. If you are on a tight budget or have fully functional cabinets, replacing the hardware on your cabinets and countertops yield a new, updated look that adds value to your home. Have cabinets that won’t close or are poor quality? Consider a full kitchen remodel that is functional and aesthetically appealing. If you are selling your home and want to give yourself an edge, update your appliances to complete the project.
  • Modernizing your bathroom. Blue toilets and goldenrod tubs don’t sell houses or increase your home value. If your tub is still functional, consider reglazing a tub, which can be cheaper than replacement.
  • New windows. New windows are a selling point, and a sure way to add value to your home. When your windows are ready for replacement, having quality windows installed can save you money by lowering your utility bills and giving you other key benefits.
  • Finishing your basement. Extra living space=extra value. Add an extra bedroom or rec room for your use or for resale value.
  • Deck. A well-done deck can bring back 70%+ in value to homeowners, not to mention a great hangout and grilling space.
  • Adding a bedroom in the attic. While this is not possible for all homeowners, an unfinished attic space is untapped potential. If your attic has headroom enough for a bedroom, finish off your attic for extra space and value.

If you have any questions about readying your Wisconsin home for sale, contact an experienced, local real estate agent. In addition to giving you information, your realtor can also give you an estimated value of your home so you can plan ahead and make strategic investments for your future sale. In addition to your projects, also plan on investing in these seven must-haves that ensure you get top dollar. With a little research and elbow grease, as well as education so you don’t make the most common home selling mistake, you can prepare a home that’s appealing to buyers and recoups your investment.