Homeowners are always looking for ways to upgrade their condos. However, there are some key features to consider for a condo upgrade that will improve not only the look but also the resale value. Consider these features when upgrading your condo.
Energy Star Appliances
Upgrading your current appliances is always a smart move for your home. Not only are Energy Star appliances a significant investment, but they can influence the resale value of your home. Energy Star is the mark of high energy efficiency. Appliances with this label use approximately 10-15% less energy and water than other models. One thing to avoid when upgrading your appliances is having them mismatched. If you want one to be stainless, they must all be stainless. Stainless steel is a classic that rarely goes out of style. However, matte black is on the rise, especially for those with extra features and perks.
Hardwood floors will always be the classic style when it comes to flooring for your home. If you are going to upgrade, consider one of the more popular wood styles, like cherry, maple, or oak. The softer stains are more appealing to potential buyers. No one is interested in a linoleum floor. They look dated and often dirty, no matter how clean they are. Hardwood, on the other hand, is durable, versatile, and classic. They will give you the highest resale value while completely transforming your home in ways you did not expect.
If you do not currently have a kitchen island, you should consider adding one as part of your renovation. If you already have an island, consider upgrading it. Islands are prominently featured in renovated kitchens. One in two homeowners opts to add a new island or upgrade the one they have. What you opt to put on top of your island makes all the difference. Marble or granite are considered upgrades when it comes to kitchen islands and countertops. Both of these options are classic, timeless, and appealing. Some potential homebuyers will not give a home a second look if they do not feature marble or granite in the kitchen. Either of these will take your kitchen up a level.
A Large Closet With Storage Space
Condos are notorious for having less storage space because of their small size. Adding space in smart ways is a great way to renovate your home. Adding a few inches every place you can make a huge difference when it comes to storage space. You can create more space by adding dividers and organizers. It allows you to more items in the same size space. When the closet is empty, it looks smaller. When you are able to put items in a storage space, it makes your condo look larger. Make sound choices when it comes to increasing storage space.
A Jacuzzi Tub
The bathroom is a room that is often overlooked when it comes to renovation. Do not forget the bathroom by creating a clean and uncluttered space. You can add a jacuzzi tub in the same space you currently have to upgrade your bathroom and make your condo more appealing to buyers. In 2017, the average sales price for condos in existing buildings in Manhattan was $1.9 million in the third quarter. In an effort to get your condo to sell, you must upgrade your bathroom by replacing outdated fixtures and cabinet hardware.
Upgrading your condo not only makes your home more appealing for you but increases the resale value when you want to sell. Consider these features when remodeling your condo to get the most return on your investment.