By Becky O’Brien
Updating your property with top-of-the-market renovations sells your home with speed, while helping you earn top dollar. In a hot market like the Minneapolis area suburbs, a few added touches can entice buyers exponentially, which improves your wallet and calendar. After all, selling your home faster and for more allows you to move on to your next property with efficiency and financial confidence. Keep a few of these value-adding home renovation ideas in mind as you stage a few remodels to bolster your bottom line.
1. Make Way for Laundry: Research demonstrates that 92% of homebuyers have a laundry room on their dream-home list. Maybe you already have a washer and dryer hooked up in a rear room or in the basement. However, beautifying laundry spaces with a few key touches transforms a forgotten corner into a design-optimized laundry workstation. Fresh paint, a warm area rug, a vintage table dedicated to folding, and other well-appointed décor (a modern caddy for detergents, a stylish hamper, etc.)—all go a long way to creating a mood. If you don’t have a dedicated laundry space, you might add one to your basement, spare room, or to a little-used closet. It won’t break the bank, but will add amazing value to your list price.
2. Lighten Up: First impressions are unforgettable. When house-hunters come knocking, your home’s exterior presentation can impact buyers before they even step inside. One key home feature that’s easy on your wallet but adds a wow factor? Exterior lighting. Highlight landscaping, architectural features, and spruced up walkways to add an inviting glow to your property. Contemporary fixtures at the front door create a well-cared-for, detail-oriented impression. Buyers will appreciate the little touches, sending them a subliminal signal that your house is well-appointed and modern.
3. Contemporary Fixtures Rule the Day: Don’t wait to update your kitchen appliances and counters. Homes that incorporate stainless steel appliances are snapped up off the market 15% faster. The modern homebuyer has an eye for design, and contemporary touches like marble countertops and sleek appliances draw second looks. You can even swap out a few lower-ticket items (a stainless-steel dishwasher or built-in microwave, maybe?) and your home will be in high demand.
Moving is all about new chapters: moving on to your new home and saying goodbye to your current one. To sell your property faster (while adding to your home’s list price) keep these easy-to-apply remodeling tips in mind and you’ll be off to a quick start. Here in the suburbs of Minneapolis, the market is hotter than ever. Make the most of a seller’s paradise by earning top dollar. Applying a few of these key remodeling techniques and you’ll generate the best return on an investment of a lifetime.
Becky O’Brien, Realtor®, GRI, CRS, ABR®, SRES®, CDPE, ASP®
RE/MAX Results | (763) 478-8111