“Bathroom renovations may net you 75–100 percent return on your dollar,” according to The Appraisal Institute of Canada. “Kitchen renovations may net you 50–75 percent return on your dollar.” You don’t need to bust your budget to sell your home, but you do want to create mass appeal. Kitchens are pivotal in-home appeal. Think about what can be done to your kitchen and bath to impress buyers—without losing ROI.
GIVING YOUR KITCHEN THE "WOW" FACTOR:
• Paint neutral colors. • Add a new backsplash. • Install new countertops to replace dated, scratched, or unattractive counters. • Install a new, multifunctional kitchen faucet. • Add cabinet space or increase storage in the pantry. • Clean and/or refinish cabinets and replace outdated hardware.
TWO ENERGY-SAVING UPGRADES TO LOWER YOUR UTILITY BILLS
• Install an energy-saving smart thermostat for less than $300. • Install solar vents ($500–$700) in the attic space to help expel hot air during summer months.
A CASE FOR SPACE
A majority of recent home buyers would have preferred improved and greater closet space, as well as other storage options, reports NAR. Consider these statistics showing what
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