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Remodeling Tips To Up Your Home’s Value

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(credit: KTVT/KTXA) Elizabeth Dinh
Elizabeth joined CBS 11 News from Seattle's KOMO-TV in December 2...
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FORT WORTH (CBSDFW.COM) - No matter what your budget may be, there are great ways to fix up your house and bring up its value. Expert Sean Knight with Sean Knight Custom Homes offered some tips for those looking to increase the resale value of a home for putting it on the market in the near future, or many years from now.

The first stop in home remodeling should always be the kitchen. Knight said that this is the most important room to upgrade. People spend a lot of time in the kitchen — cooking, eating, entertaining — so nearly all potential buyers are attracted to key kitchen details like granite countertops, steel appliances and backsplash tiles.

Really good kitchen remodeling starts at about $20,000, but Knight said that it is worth every penny. “It will move faster,” Knight explained. “You’ll get more money. You’ll actually, until it sells, get the benefit of all the new products.”

Another room that can be a deal-breaker is the master bathroom. “If your kitchen is functional, updated, same thing with your master bath,” Knight said. “That’s where we see a lot of people spend their money.” Replacing fixtures can start around just $100, but many homeowners choose to spend more on adding new sinks and a toilet.

Hard wood floors also bring an added ‘wow’ factor. “You would walk in here and see value,” Knight said about the effect of hard wood floors. “These people are putting nice, high-end finishes in their home.”

If you really want to spend big bucks, adding a bathroom to your home can help increase the value. It is something extra that many other homes in your neighborhood might not offer, separating you from the pack.

Another way to give your home a fresh look — without actually remodeling — is to buy new furniture before putting it on the market.

Any of these ideas will help raise the value of a home, it all just depends on what your budget can handle.

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