If you are flipping a house or planning on selling your existing home soon, consider some minor (or major) upgrades that can boost the value of your home. Kitchen & bathroom remodels have the highest return on investment if they are done well. They will often return your investment by over 100 percent! Although many homebuyers can overlook the cosmetic updates that need to be done in a new house, the benefits of having major projects completed is often worth the money.
- If you have the time and budget for it, a master bathroom installation can greatly increase the desirability of your home. Although it varies, a master bathroom addition can cost you $10,000 or more. Even a small master bathroom will be desirable compared to not having one.
- If your dated vanity cabinet is still in good shape, adding new handles and a coat of paint can bring your bathroom into this decade. Be sure to use high-quality paint that is water-resistant so it doesn’t get damaged in the humidity of the bathroom. Also, be conscious of the color you choose to stay on-trend.
- A new toilet is a must if your existing one is leaky, stained, and all-around gross. To please most adults, install a tall and elongated toilet. Tall toilets are ADA compliant and are desirable for adults of all ages. Elongated toilets are most desirable because of their comfort level, especially for men. If a new toilet isn’t in the budget, at least replace the toilet seat. New seats cost less than $50 and are easy to replace.
- When it comes to house flipping, use lights, mirrors, and towel bars as functional artwork in the bathrooms. Find a unique framed mirror that brings out the fixtures in the room. To make the bathroom feel welcoming, make sure to provide adequate lighting. Bright lights for makeup and grooming are desirable. Lights come in hundreds of different styles, so you can find the perfect fit for the space. Find a towel bar that matches the finish of other metals in the room, and finish out the look.
- If you need to re-do the floors, adding a “wow-factor” like heated bathroom floors can give your home a leg up on the competition. You can install them for about $6 a square foot.
- In the kitchen, a new faucet can make the room shine. For under two hundred dollars, you can get rid of the crusty one in your home, and sharpen the look and functionality of your kitchen. A tall, pull-down faucet is the best option for most kitchens.
- Another selling feature in the kitchen is a garbage disposal. Most kitchens are equipped with an under-sink outlet, which is all you need for installation. Garbage disposals are easy to install on your own and they provide a great benefit to homeowners who like to cook.