Are upgrades to my house worth it?

For more and more people, a house is an investment, not a place they raise many generations to come. As you get ready to sell your home, you may start to wonder how you can boost the value of your house.

Many upgrades take a significant investment of time and money. You may be limited in what you are willing to devote to a house you want to sell.

Here’s what you should keep in mind as you consider making changes before selling.

Set your boundaries ahead of time

Choosing home improvement projects can start to feel like eating potato chips; one project quickly leads to three or more. Instead, look at the areas that need the most help at the price point you are willing to spend.

Once you narrow down the list of priority projects, get more information about the time, money and emotional commitment it will take to get the job done. An upgraded kitchen floor may be in your budget, but you may not be willing to find an alternative while it is remodeled.

The projects that tend to be worth it

In many cases, the projects that make the most impact fall on either the quick-and-inexpensive side or the major-remodel side, with very little in between. Simple updates like fresh paint and landscaping outside tend to have a significant impact. You may also consider minor updates to interior rooms, such as:

  • Resurfacing cabinets in the kitchen
  • Reglazing your bathtub
  • Adding a deck or patio
  • Replacing windows

On the other side, some additions are not worth the investment, like adding a pool or hot tub or creating a single-interest hobby room.

As you get ready to sell, you should talk to a skilled professional in your area who can give you advice about what will help your house sell.