Sound Off: What remodeling projects add the most value to a home?
Q: What remodeling projects add the most value to a home?
A: I will use the term “remodeling” broadly, because some of the least expensive improvements a seller can make are very impactful, including new paint, landscaping, new light fixtures and refinishing hardwood floors. In terms of investing in significant remodeling, things that people can see, like kitchens and baths, add more value than things they can’t, like roofs and other infrastructure projects.
Today’s buyers almost universally want an open kitchen/great room so if walls need to be moved to achieve that, it’s worth it. The second priority is the primary suite, which ideally has a spacious bathroom and generous closet space.
Welcoming outdoor space, including lighting, a heating element and beautiful landscaping are more in demand than ever right now. Of course, any projects that add square footage to a home will add tremendous value, too.
Annie Williams, Sotheby’s International Realty, 415-819-2663, anniewilliamssf@gmail.com.
A: A thoughtfully designed and updated space will not only live better but sell better. We’ll even tell our buyers who may resale one day to do any remodeling before they move in because we’ll make the same suggestions when they eventually sell so they might as well enjoy any remodel now. Picking finishes for yourself usually means getting higher quality products which will inherently raise the property’s profile.
Our advice depends on budgets of course, but simple things like painting have big impact and are affordable. If money allows, consider flooring updates (refinishing or swapping out that hideous 12-by-12-inch bath tile). We always stress light fixture updates with attention paid to LED light temperatures...