When you’re preparing to sell a vacant property, knowing where to invest your renovation dollars can make all the difference. With the right upgrades, you can significantly boost the resale value of your home and attract more serious buyers.
In this article, we’ll break down the four key home improvement projects that provide the highest return on investment, helping you prioritize the areas that really matter when it comes to selling your property.
1. Bathroom Remodels
Renovating a bathroom is one of the top ways to increase a home’s value. Buyers love updated bathrooms, and this type of renovation can offer up to a 40% return on your investment. Whether you’re simply replacing outdated fixtures or doing a full remodel, the money you spend here is well worth it. The cost of a DIY bathroom remodel can range from $2,000 to $10,000, depending on the scope of the project. Even small changes like fresh paint and updated hardware can make a big impact.
2. Kitchen Upgrades
The kitchen is the heart of the home, and it’s often the first thing buyers look at when considering a property. A modern, well-equipped kitchen can be a major selling point and may allow you to command a higher asking price. Key updates include upgrading to luxury appliances, installing quartz countertops, adding a new backsplash, or replacing dated cabinetry. Depending on the level of work needed, a DIY kitchen remodel can cost between $5,000 and $50,000. Even smaller changes, like cleaning or painting the cabinets, can give the space a fresh, appealing look.
3. Boosting Curb Appeal
First impressions matter, and the exterior of your home is the first thing potential buyers will see. A property with strong curb appeal can attract more attention and encourage buyers to schedule a viewing. You don’t need to overhaul the entire exterior, but simple updates like a fresh coat of paint, well-maintained landscaping, or a new garage door can make a huge difference. For a standard 1,500-square-foot home, the cost of improving curb appeal can range from $3,000 to $8,000 if you tackle the project yourself.
4. Interior Touch-Ups
Once buyers step inside your home, the condition of the interior becomes a major factor in their decision. While not always essential, updating the interior with fresh paint, new flooring, or decluttering can enhance the overall look and feel of the property. This is especially important if there are signs of wear and tear. Depending on what needs attention, DIY interior updates can cost anywhere from $4,000 to $12,000 for a 1,500-square-foot home.
—
Ready to Sell Without the Hassle?
Renovating can be a smart way to boost your home’s value, but it can also be time-consuming and costly. If you’d rather avoid the hassle of home improvements and want to sell your vacant property quickly, we can help.
Get in touch with us today to receive a no-obligation, all-cash offer for your home. Skip the stress of repairs and sell your home on your terms.
Contact Us Today:
www.nexushomesoh.com | 614-818-5246
