If you are thinking of building a new home, there are some upgrades you need to consider that’ll boost the value of your home, giving you a big head start on your most valuable investment. Hey there, Jenevieve Croall here with JLUX Homes Realty Group.
Today, I want to tell you about eight upgrades that will increase the value of your new build, giving a better return on your investment than if you waited to upgrade just before selling.
Building your own home means adding in everything you want – but you want to focus on making upgrades that guarantee a return on the additional expense instead of risking a loss later on. While this can vary depending on the area and price range, in general, I would focus on upgrades in these 8 areas:
Number 1: The Kitchen
– When building your kitchen area, you will want to focus on counter space and cabinets to maximize workspace and storage. Consider adding an island to increase seating and counter space. Then think about aesthetics – countertops, stainless steel appliances, and nice flooring will add a satisfying finish to your kitchen.
Number 2: Extra Interior Space
– If you can afford to make your house larger than planned or add more storage space, do it! An extra bedroom or bathroom could significantly impact your resale value.
Number 3: Open-Concept Floor Plans
–An open floor plan that maximizes the space in a home has been popular for a while, and I don’t see that changing anytime soon.
Number 4: Bathrooms
-Adding, a little extra to your bathroom budget, will result in timeless spaces which sell themselves. Think deep tub, large walk-in shower, and appealing countertops.
Number 5: Go Green
–Upgrades that are eco-friendly or energy efficient, such as added insulation or better windows, are also great additions to your home, making for an attractive selling point later on.
Number 6: Floors
–Swap out laminates for hardwood floors or install porcelain tiles instead of ceramic. Don’t skimp here – floors that need replacing can sink a sale.
Smart Home Technology – The next generation of buyers are tech-savvy millennials. Smart homes are huge right now, and while these upgrades can sometimes be pricy, they’ll typically pay themselves off in a couple of years.
Improved Outdoor Space – With many people working from home now, outdoor living is a hot commodity. Work with a landscape company to map out how to make the most of your new space while maintaining your budget.
If you’ve been thinking about building a home and aren’t sure where to begin with getting the most out of your upgrades, give me a shout. I’ll get you up to speed on the best builders and will partner with you to make upgrades that’ll add massive value to your home, so you don’t have to worry about splurging on them and risking a loss down the road. Proper representation can save you thousands and thousands, so click the link for a complimentary consultation today.