When it comes to listing your home, the kitchen and bathrooms are two of the most important rooms to potential buyers! These spaces are where people spend a significant amount of time, and they want them to be functional, stylish, and up-to-date. If your kitchen and bathrooms are outdated or in disrepair, it can be a major turnoff to potential buyers, and it can lower the value of your home.
Updating your kitchen can be one of the best investments you make when it comes to selling your home. Here is why:
- Increased Home Value: According to the National Association of Realtors, a minor kitchen remodel has an average ROI of 81%. This means that for every dollar you spend on a kitchen update, you can expect to recoup 81 cents when you sell your home.
- Attracting Buyers: A modern and functional kitchen can be a major selling point for potential buyers. They want a kitchen that is easy to use, has ample storage, and looks great. Open concepts are a must!
- Stand Out in a Competitive Market: If you’re selling your home in a competitive market, an updated kitchen can set your home apart from others and will attract way more buyers.
Like the kitchen, updating your bathroom can have a significant impact on the value of your home. Here are some of the benefits of a bathroom update:
- Increased Home Value: A minor bathroom remodel has an average ROI of 70%, according to the National Association of Realtors. This means that for every dollar you spend on a bathroom update, you can expect to recoup 70 cents when you sell your home.
- Attracting Buyers: Just like the kitchen, the bathroom is a space where people spend a significant amount of time. A modern and stylish bathroom can be a major selling point for potential buyers.
Updating your kitchen and/or bathrooms can provide a significant ROI when selling your home. Not only can these updates increase the value of your home, but they can also attract more potential buyers and make your home stand out in a competitive market. If you’re thinking about selling your home in Bend, Oregon, consider investing in a kitchen or bathroom update to maximize your home’s value and appeal, please let me know! My team and I are happy to help, and we LOVE working with sellers who trust our eye for aesthetic and marketing 🙂
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