FAQ: What improvements and updates add the most value to a home?
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A: When it comes to updating your home, it’s important to know which will give you the biggest return on investment (ROI). Here are eight of the highest ROI improvements you can make that buyers love:
• Kitchen Renovation: Focus on modern appliances and finishes to make it stand out to potential buyers.
• Bathroom Remodel: Update with contemporary fixtures and designs to enhance appeal and functionality.
• Curb Appeal: Fresh paint, landscaping, and a well-maintained lawn create a positive first impression.
• Energy Efficiency: Invest in solar panels, LED lighting, and improved insulation to reduce utility costs and attract eco-conscious buyers.
• Additional Living Space: Convert basements, attics, or garages into usable living areas, increasing the home’s square footage.
• Flooring Upgrades: Replace outdated flooring with durable and visually appealing materials, such as hardwood or engineered wood.
• Open Floor Plan: Remove non-load-bearing walls to create an open, flowing layout that aligns with modern living preferences.
By focusing on key areas that appeal to potential buyers and align with modern preferences, you can enhance your home’s value and make it more attractive in the competitive real estate market.
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Original article published in the San Francisco Chronicle on July 30, 2023.
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