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When planning on updates before selling a home, it's a good idea to focus on the kitchen and bathrooms first. Home buyers love to see clean new bathrooms and kitchens and are often willing to pay more for homes that have them.
Keep in mind that every home buyer is different. So updating in a way that appeals to a very specific style might not be the best idea. Try to stay neutral with colors and fixtures to ensure most people interested in your home would like the update.
The increase in value that a bathroom remodel can bring varies depending on several factors, such as the location, the type of remodel, and the quality of the work. According to a 2021 report by Remodeling Magazine, a midrange bathroom remodel, including updating all fixtures, adding a new toilet, and replacing the tub or shower, typically recoups about 60% of the cost in increased home value.
However, a more upscale bathroom remodel that includes higher-end materials, custom cabinetry, and luxury features can recoup around 53% of the cost in increased home value.
It's important to note that the return on investment of a bathroom remodel should not be the sole factor in your decision to remodel. This is unless your bathroom is in dyer need of repairs and updates. Other factors, such as your own enjoyment of the space and the potential for increased comfort and functionality, should also be considered.
My house was built in 1934 but someone replaced all the the interior doors with hollow ones, not solid wood. It seems weird in this historic house. Is it worth my money to replace them all before selling? - Rick
We're thinking of selling our condo. There are some things that are outdated or that could be updated. We don't want to waste our money on things that don't matter, but also want our condo to sell for the best possible price. So, what updates are worthwhile?