7 Profitable Upgrades For A Fast Home Sale

By | December 15, 2021

Aside from working with a real estate agent and pricing your home right, do you know that investing in certain upgrades can help you sell your home fast? Some home upgrades increase the value of your property, which in turn, creates a higher demand among buyers.

To ensure a fast home sale, it’s important to know which upgrades are profitable and not. This is important as not all home upgrades are actually appealing to homebuyers, and investing in these will put your resources down the drain. Worse, you’ll have a hard time selling your home.

To make things easier for you, this article will enumerate some of the most profitable home upgrades that guarantee a fast home sale. Take note of the list below:

1. Upgrade Your HVAC System

Your home’s HVAC (heat, ventilation, and air conditioning) system is an important amenity. It affects the comfort and health of the occupants and their ability to save energy in the long run.

Investing in a brand-new HVAC system to improve home heating and cooling is a profitable upgrade you should invest in. On average, HVAC upgrades yield a return of investment or ROI as much as 71%, which is way higher than other home upgrades. This will allow you to charge your home higher than the national average and earn more profits.

2. Improve Your Driveway

The driveway is the first thing people will see in a property, and its condition can create an impression. You’ll have a hard time attracting buyers and negotiating a good price with them if your driveway looks poorly maintained or disorganized.

Another upgrade that can help you sell your home fast is improving your driveway. You can hire professional concrete contractors and have your driveway repaired weeks before putting the property on sale. If you want to enhance your driveway, you can mix different materials or invest in stamped texture. These will surely breathe brand new life into your driveway!

3. Repaint Your Home

Contrary to popular belief, you don’t have to spend a lot of money to attract homebuyers and sell your home fast. You can actually achieve these goals by purchasing several cans of paint and doing work by yourself.

Repainting your home in another color is a great way to sell it fast. Color is a powerful tool that can transform your home into a brand new space and even trick the eyes, thinking that your rooms are actually bigger.

When choosing what color to repaint your interior and exterior, opt to go for neutrals, such as gray, white, and sea salt. These colors allow homebuyers to see the property as a blank canvass and encourage them to style it based on their preferences, lifestyles, and budget. These colors are also very easy on the eyes and create a relaxing ambiance.

4. Landscape Your Yard

Homebuyers don’t need to step into your home to determine if your property is something worth investing in—they just need to spend some time in your yard. Welcoming homebuyers with an overgrown or patchy yard will surely turn them off and prevent you from getting a sale.

If you want to sell your home fast, prioritize landscaping your yard. This usually means displaying planters, mowing the lawn, and adding new flower beds. If you already have plants in your yard, make sure that these are trimmed or pruned properly. Remove any dead or diseased plants as these will only create an eyesore.

5. Update The Bathroom

The bathroom is one of the most significant areas of the house as this is where people take care of themselves. Bathrooms serve as a private sanctuary for homeowners, and how it looks can significantly affect their buying decision.

Impress homebuyers with your property by presenting them with a newly updated bathroom. One of the best upgrades you can do to your bathroom is installing new light fixtures. Light can set the tone and affect the mood of the people who’ll be spending time in it.

Going for double sinks, installing new bathroom hardware, updating your old floors, and adding storage are also great ideas. If you want homebuyers to feel calm the moment they step into the bathroom, ensure that the room feels bright and light.

6. Upgrade Your Kitchen

Described as the ‘heart of the home,’ kitchens are also essential in residential properties. Aside from cooking meals, kitchens have evolved into a social place as this is where people often entertain guests and hold parties.

Upgrading your kitchen is a must when selling your property because most homebuyers find this area their favorite spot. When your kitchen is updated, homebuyers are often more forgiving of other outdated areas in your interior and exterior.

Some of the most budget-friendly kitchen updates that make a big impact are adding colors to your cabinets, creating a coffee bar, and labeling shelves. Adding a piece of art and hanging open shelves in the kitchen are also very appealing for many homebuyers.

7. Invest In Energy-Efficient Appliances

Other than the appearance of the property, homebuyers will also consider how the purchase will affect their life in the long run. Buying a house is a very expensive investment, and homebuyers would likely choose one that will provide long-term savings to them.

Investing in energy-efficient appliances will bring cost savings, something that’s very appealing to many homebuyers. Energy-efficient appliances require less energy to work, resulting in lesser energy bills in the long run. This will keep the homeowner’s bank account happy for years.

One way to determine whether an appliance is energy efficient is by looking at the energy star ratings. This indicates how much energy the appliance uses during typical use. Appliances are rated from A to G, with A being the most efficient.

Choose Which Upgrades To Invest In

As you can see, there are many upgrades that can help you sell your home fast. However, this doesn’t mean that the more changes you make to your home, the better chances you’ll have in selling it fast. Ideally, you need to make sure that your home is in pristine condition—you should put off remodeling your kitchen if your roof is severely leaking.

It’s also important to refrain from investing in expensive home upgrades. Adding a water feature to your yard might make your exterior look appealing, but this won’t guarantee a faster sale as some homebuyers would prefer seeing better amenities in other areas of the house.

Leave a Reply

Your email address will not be published.