5 Home Improvements to Give the Best Return on Your Investment

by Yours Tyleau Webmaster

If you’re planning to sell your home, but you think it could do with a few improvements before you put in on the market, you need to consider the renovation costs carefully.

Some improvements can cost many hundreds of dollars that you won’t be able to recoup in the sale price, while others will have minimal costs attached but may mean the difference between your home selling at the asking price and having to offer a reduction.

To get any house ready for sale it’s important to ensure that it’s clean, organised and looks as inviting as possible, but there are several home upgrades that will help to make it more saleable without putting you out of pocket.

Here’s our list of top 5 home improvements that will give the best return on your investment as advised by our local building contractors in Sydney.

1. Attic Insulation

A well-insulated attic or loft space will reap dividends. We all expect our homes to be cosy in the winter and yet remain cool throughout the hot summer months, so adequate insulation is a must.

If you suspect your house isn’t as well insulated as it could be, you may want to contact your local insulation specialists or building contractors for a quote.

2. Entry Door Replacement

Nothing says ‘Welcome to our Home’ more than a freshly painted, sturdy front door. It’s the focal point of your home, so if yours has seen better days, it’s worth investing in a new one.

Choose a style that fits in with your existing décor or update a modern home with a contemporary design. Don’t forget to budget for new hardware too to give the door extra impact.

3. Manufactured Stone Veneer

Covering a portion of the exterior of your home with manufactured stone can lift its look and give it extra curb appeal. The classic and natural look of stone is always a favourite with buyers and is an ideal choice for an exterior facelift.

If you can’t afford large areas of stone veneer, it can be used to highlight the entrance area. Your local building contractor in Northern Beaches can give you quotes for this kind of project.

4. Minor Kitchen Makeover

Dated kitchens can be a big ‘no-no’ for potential buyers, so a makeover can help to make your home more saleable. However, you don’t need to pay out for a brand-new kitchen.

Replacing or refacing the cabinet doors and hardware can give a whole new look and incorporating some new energy efficient appliances will make the space much more appealing.

You may consider replacing worn countertops and updating the flooring too. Just remember to keep everything neutral to ensure the most significant return on your investment.

5. Garage Door Replacement

The garage is easily overlooked, but tired garage doors can indicate that your home isn’t well-maintained. Upgrading to a new, more stylish door can be a savvy investment and add an extra layer of security too.

Improving your home will pay dividends in the long run. It will not only help you attract more potential buyers but may increase your sale price too.

And, until your home sells, you’ll get to live in an improved environment. It’s a win-win situation.