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 infographic, 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:

• Countertops: Materials like granite and quartz are common choices to grab a buyer’s attention.
• CabinetsContracting a professional to reface or repaint your cabinets helps renew them for a fraction of the cost of total replacement.
• Sinks: You can customize sink size, shape and material with options like concrete, copper and stone.
• Appliances: Consider energy efficient models to replace your old ones. It will save on your and the new homeowner’s utilities costs.
• Lighting: Kitchen work areas like drawers, cabinets and pantries benefit from additional lighting.

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 infographic, the average bathroom remodel size was between 400 and 800 square feet. The most popular improvements to the bathroom included:

• Installing a shower: Consider features like temperature controls and adjustable showerhead settings.
• Installing a bathtub: Additional options include in-line heaters, adjustable jet speeds, foot massage jets and foot rests.
• Updating faucets: Replacing your faucet could mean a filtration system and new materials like brass or plated nickel.
• Updating flooring: Consider bamboo or tile for your floor if you currently have outdated vinyl or linoleum.

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 to potential homebuyers, helping you make your money back. You can also make smaller improvements like a new medicine cabinet, refacing your countertops or cabinets and regrouting bathroom tile.

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