Millennials, who make up the largest share of homebuyers, are looking for “move-in condition” properties and therefore want to avoid the expense of significant repairs, based on the latest National Association of Realtors study. The bottom line for today’s sellers is to look through the lens of selective buyers and invest in updates that will be most appealing to them. Our list below features the top modest home improvements to get your home noticed and boost its perceived value in a competitive market.
Enhance Curb Appeal
Make the best first impression for buyers even before they step foot in the door by investing in the exterior of the property by sprucing up curb appeal:
- Remodeling magazine’s 2020 Cost vs. Value Report lists replacing siding, garage doors, entry doors and windows as the upgrades with the greatest return on investment.
- Refresh landscaping by trimming bushes, weeding, eliminating dead shrubs/trees and manicuring the lawn.
- Power wash and make any necessary repairs to siding, windows, walkways and steps.
- Enhance the entry with a fresh coat of on-trend paint color for the front door and update or clean all outdoor light fixtures. Finish with a colorful welcome mat, fresh wreath, potted plants, and seasonal potted plants.
Refresh the Heart of The Home
The 2020 Cost vs. Value Report also lists minor kitchen remodels as a top investment for resale. Our top kitchen upgrades for an instant boost include:
- Introduce modern lighting options with fixtures in different materials (metals, woods, rattan) and geometric shapes.
- Swap out dated faucets and cabinet hardware for more contemporary, full-functioning styles in trending finishes such as matte black, brushed brass, or polished nickel.
- Rather than completely replacing dark, dated and worn cabinets, simply repaint them in a bright white or soft gray hue to brighten and enlarge the space.
- Replace or refinish damaged or dull hardwood floors to make the room shine.
Give the Bathroom a Boost
Potential buyers evaluate bathrooms both functionally and visually — the colors, the style, the layout, the amenities and the fixtures.
- Start by fixing leaky faucets and showerheads, worn caulking, broken toilet, chipped tile.
- Replace outdated lighting in modern designs and finishes to instantly set the mood and add sophisticated style. Pair with matching hardware and faucets to complete the look.
- Change out damaged and dated countertops with marble or quartz and/or paint darker colored vanities with an on-trend neutral or soft color (the robin egg blue pictured above is a perfect example).
- Be sure the wall and/or tile color is soft and soothing to give the room a spa-like appeal.
Revive the Dining Room
Buyers want to envision where they can entertain guests so be sure to present it as spacious, inviting and elegant.
- The best way to make the space feel larger and enhance the room’s features is by covering dark walls with neutral paint. It will also pair well with bright white crown molding and/or wainscoting, an added touch of elegance.
- Replace traditional chandeliers with chic, contemporary fixtures to set a more sophisticated tone.
- Spruce up your dining room table with a stylish table setting to help buyers envision their own dinners here.
Create a Master Bedroom Retreat
Make the master bedroom feel like a cozy getaway with these simple changes:
- Remove and/or replace heavy draperies with simple, sheer white curtains or shades that allows for a little privacy while letting in natural light.
- Install stylish ceiling and bedside table lighting.
- Deep clean soiled carpeting to restore plushness or add a neutral, textured area rug to hardwood floors.
- Layer fluffy, white bedding with accent pillows and soft throws in different colors and patterns.
When all the above updates are complete, don’t forget to hire a professional home stager to add inviting, modern furnishings and accents to help buyers emotionally connect every step of the way!