If you are looking to put work into your home and and hoping to get the best return on your investment you can, look to the kitchen and bathrooms. Any one who has watched a home repair show on cable tv has heard this, and it is true.
When fixing up these rooms there are two approaches, both will bring great results. The first approach is to do a complete overhaul. Adding granite countertops or travertine tile to your bathroom and kitchen will obviously add great value to your house. You will often get the complete cost of the upgrades back in value for these renovations.
You can also add a new tub and sink to your bathroom or new stainless steel appliances to your kitchen and get great value in return. Upgrading your cabinets in both rooms can also help with the resale value.
But maybe you don’t want to spend $30,000 for $35,000 in returned value. Good news, you don’t need to. You can add value to your home in these two rooms for much less money. First, paint. A fresh coat of paint in both rooms can bring a fresh look to a stale room. Another easy upgrade is to replace your hardware. In the kitchen adding new hardware to all the cabinets can bring new life for little money. Replacing sinks and faucets in each room is another way to add a fresh clean look for a reasonable amount of money.
Ask any real estate agent and they will tell you the comments they hear the most when showing houses are usually about kitchens and bathrooms. It’s true, these rooms go a long ways in selling houses. You don’t need to spend thousands in these rooms, but doing the little steps can help a lot.