One of the best things about owning a Boston luxury condo is tailoring it to meet your needs and tastes. But, if you’re planning to put your Boston Beacon Hill condo on the market in the foreseeable future, then you should also consider how your projects will affect its market value. In this post, we’ll discuss which improvements offer the most payback when selling time comes.
1. Freshening Up the Paint
A new coat of paint can make any home look better. This fact, plus the project’s affordability, make a fresh coat of paint a no-brainer if your current color scheme is over the hill. Remember that neutral colors are best if you’re planning to sell.. That’s because buyers want a setting that requires minimal effort to change to their liking. So opt for tones like white, gray, or beige.
2. Remodeling Your Bathrooms
Speaking of bathrooms, larger, more user-friendly bathrooms are high on most buyers’ lists of must-haves when home shopping. According to HomeAdvisor, bathroom remodeling costs range between $9,698 – $22,488 in San Diego, California. The payoffs for you and your family can be substantial, however. Imagine stepping out of a spacious shower cubicle onto heated floors, bathing in your own cast-iron soaking tub, and never having to fight over the bathroom sink again. Plus, you can bet these features will appeal to prospects when you list your home.
3. Remodeling the Kitchen
The kitchen is one of the most-visited rooms in your home, so a remodel of any scale will pay off. Most homeowners spend between $5,000 – $50,000 depending on the size of the remodel, but smaller renovations tend to add the most resale value as opposed to a complete overhaul. Bring in a contractor and get quotes on making small but noticeable changes such as adding granite countertops, updated flooring, under cabinet lighting, or a backsplash.
We’ve given you some handy guidelines for upcoming improvement projects. Keep this information in mind when planning for the future, and you’ll enjoy not only a higher Boston condo value but a better quality of living. That’s a great return on any investment, large or small.