7 'little' upgrades that can mean a lot to homebuyers
Anyone who’s ever bought or sold a home knows how even little things can sway a buyer to feel a particular house is "just right." While major features such as a good location, a big kitchen, and a certain number of bedrooms and bathrooms all drive a home’s price and how attractive it is to buyers, small details like fresh paint and new faucets can also help clinch a sale.
When you’re trying to sell your home, you should be willing to spend some money on repairs and improvements to help boost the sale price. The good news is that you don’t have to spend a lot to make a big impact if you invest in key quality details. Here are seven “little things” you can do to help make your home more appealing to buyers, and possibly get a better price — and you can accomplish them in just a weekend:
* Upgrade your kitchen faucet and sink — The kitchen faucet and sink aren’t just practical tools every kitchen needs — they can also be essential elements of a room’s overall design and appeal. Replacing a dated kitchen faucet is a minor change that can mean a lot to homebuyers. Choose a pull-down, multi-function option like the American Standard Edgewater semi-professional kitchen faucet with SelectFlo technology. In addition to modern styling, you’ll get four spray functions and a convenient pause feature, the ability to set a preferred water temperature without re-adjusting the handle, and a water-conserving maximum flow rate of just 1.5 gallons per minute. Pair it with an Edgewater double bowl stainless steel kitchen sink, and you’ve created a new focal point of design, efficiency and utility sure to catch buyers’ eyes.
* Install a programmable thermostat — If your home’s thermostat predates Facebook, it’s probably time to ditch the dial and install a touchpad programmable thermostat. Not only would a new thermostat help your home look more modern, a programmable thermostat helps with energy efficiency — something that’s very important to today’s homebuyers. The U.S. Department of Energy says reducing your thermostat setting by just 7-10 degrees for eight hours a day can save you as much as 10 percent annually on energy bills. A programmable thermostat automates the savings for you!
* Replace incandescent light bulbs — If your home still has traditional lightbulbs, replacing them with energy-saving LEDs or CFLs is an easy way to improve your home’s overall energy efficiency. These bulbs use 25-80 percent less energy than conventional bulbs and last three to 25 times longer, according to the Department of Energy. Imagine the appeal for homebuyers when your selling agent mentions that light bulbs won't need replacing for years after moving in!
* Upgrade the front door — Your home's entrance is the feature that officially welcomes potential buyers into your humble abode. Replacing an old, weathered front door with a new one creates a positive first impression. What’s more, installing a steel entry door returns 90 percent of its value at the time of resale, according to Remodeling Magazine’s Cost vs. Value Report.
* Put a water-efficient faucet in the bathroom — A great deal of water can be wasted in the bathroom, and the faucet can be one of the biggest culprits. Replacing an older bathroom faucet with a modern water-conserving option like one from the Townsend bathroom sink faucet collection is not only visually appealing for buyers, it also speaks to their sense of environmental responsibility. What’s more, upgrading to a faucet with handles, instead of a knob-style operation, allows for easier functionality for people with varying degrees of dexterity, from small children to senior citizens.
* Add a water filtration system in the kitchen — Americans are more aware than ever of the quality of water inside their homes, so adding a filtration system can be an extra feature that appeals to homebuyers. Simple under-sink filtration systems can cost as little as a couple hundred dollars.
* Install a sun tube — Who doesn’t want a home filled with natural light? Not only does sunlight deliver physical and mental health benefits, using natural light can also help reduce dependence on artificial light sources that impact your energy bills. Sun tubes can bring natural light into dark spaces, even those on the ground floor. DIYers can install this special reflective tubing for under $500, while pro installation can run closer to $1,000.
When you’re selling a house, every little bit helps, and upgrading small details can make a big difference in how potential buyers view your home. Go ahead, make these upgrades now, and see potentially higher gains in the sale of your home.