3 Easy Renovations To Get The Most Profit For Your Home

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In today’s real estate market, sellers have a distinct advantage. Housing inventory has been extremely limited since the second half of 2020, and this is combined with low mortgage rates, caused a noticeable surge in consumer demand.

But while it may be relatively easy for you to sell your home, listing it today does not guarantee that you will get big bucks for it. To get a really attractive selling price, you may have to try to wow potential buyers.

The good news is that you don’t have to spend a lot of time or money on home repairs for this to happen. Instead, you can focus on these simple upgrades to breathe new life into your home and make it more attractive.

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1. Paint the walls with fresh paint.

For a few cans of paint per room, you can freshen up the walls and make sure that chips or stains don’t scare customers away. Painting is a project that you can easily implement yourself, so you don’t have to spend money on a contractor (although you may have to spend a couple of days off getting the job done).

2. Replace worn carpet to make it look cleaner.

A dirty, stained carpet can make a very bad impression on buyers and make a home look older and rougher than it actually is. Instead of taking that kind of risk, it’s worth investing in a new carpet that you can install for less than $ 5 per square foot. You can even tear and install a new carpet yourself if you’re comfortable enough.

3. Upgrade your kitchen.

Complete remodel the kitchen could easily cost you over $ 50,000. If that doesn’t fit into your budget, don’t worry. A few relatively inexpensive touches can make your kitchen a must-have. You can replace the front panels on your cabinets and install new hardware for several thousand dollars. This will give the impression of new cabinets without having to spend five times as much to replace them. You can also install a new back panel along the countertops to add style to your kitchen, or replace your old sink faucet with a sleek new one.

It’s one thing to invest heavily in home renovations if you live in your home for many years and want to enjoy it. But if you’re preparing to sell your property, there is a limit to how much money you have to spend – especially in today’s market where limited stocks make it easier for homeowners to find buyers.

At the same time, it’s worth making a few modest investments in your home to keep buyers motivated to make higher offers on it. And these simple renovations can be your ticket to a bargain price that you will ultimately be very happy with.

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