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December
26

New Year, New Value: Home Upgrades That Pay Off | RedKey Realty Leaders

If you plan to sell your home in 2024, it's never too early to start getting ready. If you want to get the best price possible, consider making a few upgrades. Here are some of the best improvements you can make to your home to increase the resale value and help you sell more quickly.

  • Bathroom Renovations
    A home's bathroom can make or break a sale. If yours is showing signs of wear, it can be a major turnoff to potential buyers. To do a full bathroom renovation, replacing tiles, toilets, sinks, etc., can cost $10,000 or more, but you'll make back at least that much in increased resale value. However, even a few cosmetic changes can work wonders if you don't want to go through a full renovation. A fresh coat of paint and new cabinets will make it look new for a fraction of the cost.

  • Kitchen Renovations
    The kitchen is another area where a few upgrades can go a long way. New countertops are a cost-effective way to improve the overall look and appeal to buyers. If there are any appliances you're not taking with you when you leave, such as your stovetop, they can be replaced with models that will work better and be more efficient.

  • Curb Appeal
    The front yard is the first thing buyers see when looking at St. Louis homes for sale. That first impression will set the tone for how they see the rest of the house, so it's important that it looks good. If the paint is peeling, repaint it. Make sure you have plenty of lighting to guide people to your home at night. In addition to a good porch light, consider walkway lights to guide people safely to and from their cars.

  • Smart Features
    Smart features are becoming increasingly prevalent in homes, and the convenience and efficiency they provide can increase your home's value. Probably the best option to install is a smart thermostat. It allows you to monitor and adjust your home's temperature, humidity, and other factors, all from your smartphone. Some models will also send alerts to your phone if your HVAC unit needs service or maintenance. They can even analyze your energy usage and how to reduce it without sacrificing comfort. Smart lighting is another great upgrade to make. It allows your phone to adjust a room's brightness and color to create ambiance for any situation, from family game night to late-night study session to romantic dinner for two. Smart features make a home more convenient and more comfortable and can save energy, making them a great selling point for any home.

  • Efficiency
    One thing that will increase your home's value significantly is energy efficiency. People will pay more for a house if they know that, in the long run, they'll pay less in energy bills. Again, look at appliances you're not taking with you, such as your heating and cooling systems. Replacing them with newer models is a big help, particularly if they're Energy Star-approved to improve efficiency. Another great energy upgrade is insulation. A house that stays cool in summer and warm in winter is always in demand. Finally, hire someone to find and seal any air leaks in your home to reduce heat loss.

If you want to sell your home in the new year, get in touch today. We'll help you find plenty of interested buyers to maximize the sale price and minimize the time it spends on the market.

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