Before you start your renovation project, it’s important to know which upgrades will increase the value of your home. Major projects like converting garage spaces into flexible spaces and home offices have become popular in recent years. Unfortunately, those types of renovations can cost quite a bit of money.
If you’re planning on renovating your home in Park City, Utah, but don’t want to spend a fortune, you can never go wrong with simple upgrades to your kitchen and bathroom – the Top 2 most scrutinized areas in homes for sale.
We’ve rounded up some of the simplest yet cost-effective home improvements here.
Update, paint, or replace cabinets
Updating or replacing cabinets is a cost-effective way to freshen up your kitchen for not a lot of dollars. Wood cabinets with natural finish often catch buyers’ eyes. If the cabinets look a bit worse for wear, you can also paint them in colors that complement the rest of the space.
Add extra storage
If installing new cabinets in the kitchen or bathroom is out of your budget, but you need extra storage, there’s an easy fix to that. You can expand storage space by cutting into the drywall and finishing it with shelves to store linens, pantry items, and transparent boxes with organized sundries.
Professional-grade and energy-efficient appliances
Upgrading your kitchen appliances doesn’t sound like a cost-effective upgrade. However, if you’re planning to do a minor remodel of your kitchen anyway, buying new appliances is a great idea because it increases your return on investment. Plus, many buyers are looking for sustainable technologies and features in homes.
Another kitchen upgrade you can add to your minor remodeling list is updating your kitchen’s countertops. Homes with granite countertops typically have a higher asking price. If you’re considering this upgrade, a solid granite countertop can set you back around $3,000, while granite tiles can cost anywhere from $5 to $15 per square foot.
Kitchen islands are popular among many homebuyers because they add counter and storage space, making the entire kitchen seem bigger. It’s also a good investment that’s unlikely to go out of style.
Multipurpose work area
Multifunctional spaces are increasingly becoming popular among homebuyers, especially if they work from home. Creating a multipurpose work area in the kitchen can add value and functionality to a home.
Replace your old toilet
Buyers today are looking for green, energy-efficient, and sustainable features in homes. Installing a low-flow toilet, for example, is sustainable and cost effective. Adding such features can drive up the price of your home. Some low-flow toilets go for about $100 to $250.
Upgrade fixtures in the kitchen and bathrooms
Installing new drawer knobs, handles, and faucets can add a modern and trendy touch to your kitchen and bathroom. Paired with freshly painted cabinetry, new fixtures can instantly make the areas look and feel new. Matte-type stainless steel and brushed nickel fixtures are excellent for a contemporary look. Meanwhile, oil-rubbed bronze is perfect if you’re trying to achieve a classic or vintage look.
While families with children prefer bathtubs, more people are switching to walk-in showers. Many people don’t have the time to use the bathtub and would rather shower instead. If you have the space, consider installing a walk-in shower or a floor-to-ceiling steam shower.
Planning on investing in a new home in Park City, Utah? Book a real estate consultation with Team Schlopy today. Get in touch with our team by calling (435) 640-5660 or sending an email to firstname.lastname@example.org.