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We will share the best home renovations for thelong term and the worst for resale value.
Buyers prioritize functionality, open layouts, and durable materials.
Upscale renovations yield a lower return, so concentrate on midrange selections.
Walker suggested that you focus on replacing bathtubs and showers, retiling, upgrading vanities, and improving lighting.
The good news is thateven minor changeslike painting or updating fixtures can increase your homes appeal for minimum costs.
Angi estimates that a bathroom remodeling project costs $12,116, depending on the materials and layout.
Finishing Basements
Walked pointed out that a finished basement can increase livable space and functionality.
New baseboards tend to have simple designs and make the home look cleaner.
If the homes around you look older, this simple upgrade can significantly impact the value of your property.
You may also want to consider new flooring to enhance the aesthetics of your home.
Walker mentioned buyers favormodern, low-maintenance optionslike hardwood and luxury vinyl.
Hardwood appeals to many buyers as it can be refinished over time.
Luxury vinyl tile can last up to 20-30 years, thanks to being very durable and water resistant.
Fortune elaborated, Exotic kitchen remodelscan also be a waste of money.
The waterfall style islands are no longer a fad and are very expensive.
While some people have transitioned to solar energy, many homebuyers may not prefer this feature in a home.
You want to ensure that youre not spending significant money on renovations that could hurt your homes value.
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