Which Upgrades Will Net You the Most Money?

Here are some of the top home upgrades that today’s buyers love.

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Which home upgrades attract the most buyers and net you the most money? Today we’re covering the major upgrades that every homeowner and potential seller should know about.

Topping the list is closet organization and storage. Now that we’ve all made it through the tumultuous year of 2020 and spent more time in our homes than ever before, it seems that we’re all on the hunt for more storage. If you can add extra closets or finish an unfinished area as climate control storage, that’s a great investment of time and money.

I also recommend adding a sanitizing station. Here in 2021, we still need to be as COVID-conscious as possible; having an area for guests to sanitize themselves could be a great call. Pandemic aside, there’s still no downside to promoting general cleanliness in your home.

What’s been made especially clear by the recent work-from-home revolution is that we all need a home office. To sell your home for the most money, you need a designated area for work. In fact, I’d advise that you have at least two such areas—mom and/or dad can have a spot, or the kids can have a study zone. I highly recommend that you either stage your home to accent potential work areas or build an office space. Trust me, the demand will be there.

Our millennial buyers, in particular, are incredibly responsive to smart home technology.

Kitchen updates are still high on the list, especially considering that we don’t eat out at restaurants as much anymore. COVID has forced somewhat of a cooking renaissance; we’re rediscovering the beauty of having an oven, stove, and microwave. It’s important to make sure your kitchen’s appliances are updated. The goal for your kitchen is to make it as user-friendly as possible.

Let’s talk about smart lighting. When I began working at home, I had to add some extra lighting throughout the house. I highly suggest that you have dimmable lights or smart lighting. Our millennial buyers, in particular, are incredibly responsive to smart home technology. They’re looking for convenient ways to control the lighting and heating of their homes with the touch of a button.

Lastly, people want more outdoor space right now. They’re tired of not being able to go anywhere, and they’re seeking respite in outdoor areas. If you can turn your yard into a peaceful, multi-purpose space, you’ll certainly see a return on that investment.

As always, feel free to reach out if you have questions about upgrades or any other real estate topic. We’re happy to be a resource for you and assist with whatever buying, selling, or investing needs you may have.