Category Archives: home projects that get higher asking price

7 Home Projects that Increase Your Asking Price

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home with dollars for roof and walls that can get full asking price at saleNot every home needs a complete gut job to fetch a high resale price when you put it on the market.  A few select home projects can get you that dream asking price at sale—or at least closer to that target asking price.  The best way to decide where to put your remodeling dollars to get more funds when you sell? Ask your real estate agent.  An experienced real estate agent should be able to give you recommendations that help you choose the right project (or projects) from the list of remodeling projects that can increase your resale price.

Front Door

A new front door makes complete cents (pun intended) as a home project that can make an impact on your home sale.  Why? Your front door directly contributes to your curb appeal.  Plainly put, it’s the first part of your home that potential home sellers see when they come to your home.  A door that’s falling apart or fading is not going to get home sellers in the door—or make them question the quality of your home before they’ve even stepped in.

Bathroom Update

Bathrooms and kitchens sell homes.  That’s why an outdated bathroom with pink toilets or a vanity with degrading vanity doors should be at the top of your list of home projects.  In neighborhoods where vintage and historic homes are valued, classic floors and tiles should be cleaned and preserved.  A mint green shower surround, however, can be swapped out with a look that potential home buyers want to pay for.  Often, your bathroom can be updated (if the layout is functional) affordably if key parts of the room are in good condition.  A new vanity, counter top, shower surround or tile, light fixture, and mirror—whatever is needed—can make your bathroom look like a new room.

Kitchen Face lift

Remodeling your kitchen for sale should be done with caution.  As much as a gourmet kitchen would sell your home, investing too much in your kitchen face lift can leave you at a financial loss; you may not recoup every dollar at the home sale.  If your cabinets are in good shape, new counter tops, floors, and a back splash may be the only projects needed.  Cabinet boxes in good condition can be refaced or the doors can be painted to make your kitchen look ready for the new owners.

Finished Basement

Another bedroom, family room, or media room adds to your overall square footage and makes your home more appealing to potential home buyers.  Additional square footage adds to your asking price, and is an excellent selling point when you put your home on the market.  Just like with your kitchen remodel, make sure you only spend what you can recoup at sale.  Your real estate agent can give you recommendations on what basement renovations can get you the most bang for your buck.  As you select the flooring and décor, make sure you make neutral choices that the next homeowners won’t have to change after sale.

Deck/Patio

Almost everyone enjoys a good grill out from time to time, which is why outdoor space is highly sought after by most home buyers.  Make sure your deck or patio is in good repair and ready for sale by asking your real estate agent to connect you with a home inspector that can give your home a pre-listing inspection.  If your deck or patio is in good shape, use a power washer to make sure it’s clean and ready for sale.

Attic Bedroom

Additional bedrooms can get you a higher asking price at sale, as long as the bedroom is legal and of quality construction.  Finish your attic to add another bedroom to your listing and additional square footage that sells your home.  Make sure your attic has adequate head space, and add a bathroom if it is easy (and cost effective) to run the plumbing.

New Floors

Dirty carpets, damaged wood floors, and worn hard floors can send potential home buyers to the door and make them wonder how much it is going to cost them to replace.  If your buyers are adding up the cost of projects during the showing, they may offer you less than asking so they have funds for projects.  Have your carpets shampooed or replaced if they are in terrible shape.  Refinish any wood floors that are stained or faded so your home looks move-in ready and worthy of a full-price offer.