Upgrades That Will Boost The Value Of Your Admirals Cove Home!

Posted by Admirals Cove Homes on Jan 19, 2014 in Home, Real Estate | 0 comments

Homeowners in Admirals Cove are always trying to renovate and upgrade their home to increase its appeal and value. However, when it comes to renovating your home the key is return on investment and most home renovation projects will not return 100 percent back of what they cost. But there a are a few home upgrades that do boost a homes value better than others. So we have developed a list of five renovation projects that are sure to boost the value of your Admirals Cove home.

1.)   Bathrooms: Bathrooms are very desirable upgrades, if you can find a way to increase the space of your bathroom it is sure to pay off in the end. Bathrooms with large bright mirrors, modern lighting, vaulted ceilings, modern lighting, extra cabinets, and even skylights are all very desirable features in an upgraded bathroom. However, stay away from fancy faucets, special showerheads, and expensive tile.

2.)   Kitchens: The kitchen area is a hotspot so people tend to spend a great deal of time in it. So upgrades in this area are both appealing while you live in the home and valuable when you decide to sell it. However, you should also remember that upgrading a kitchen does not need to be an all or nothing deal.

3.)   Roof/Windows: No one wants to live in let alone purchase a home with a leaky roof or drafty windows. These can be expensive projects but they are guaranteed to improve the comfort and appeal of your home. And as a general rule you can expect to save between 30 and 40 perfect on your utility bills and can see around a 60 to 70 percent return on investment.

4.)   Exterior: The exterior of your home is the first thing that visitors and potential buyers will see of your home and will help form their first impression. This means sprucing up everything from lawn, bushes, decks, patios, entrances, and other aspects of your exterior. But FYI you can expect to get a return of 100 percent on the first $1000 that you put into landscaping and about zero on anything after that.

5.)   Cosmetics: You cannot underestimate the appeal and value of a simple paint job. It can be a relatively inexpensive project if you can do it yourself. Consider updating your lighting fixtures and there is nothing better than a good cleaning job. These types of upgrades will return around 100 percent on your investment.