REAL ESTATE

Best Strategies to Modernize Your Home for the Best ROI

best-strategies-to-modernize-your-home-for-the-best-roi

Updating your home is excellent for personal comfort, but it’s also a smart financial move if you want to sell in the future. 

Strategic and modern updates can significantly enhance your home’s curb appeal and value. Ensure a lucrative return on investment with these ideas for modernizing your home!

Focus on Curb Appeal

First impressions matter, which is why you want to prioritize curb appeal. Try to look at your home from the outside through the eyes of passersby. What can you modernize to make it more attractive? Could you repaint the front door an elegant color like black? Add modern outdoor lighting fixtures? Put some plants in sleek, black pots on your front porch?

The exterior sets the tone for what potential buyers can expect. If the outside of your home isn’t well-kept, it’s unlikely potential buyers will want to venture inside. 

Upgrade the Kitchen

People often consider the kitchen the heart of the home, and it’s a focal point for many buyers. You can modernize your kitchen with updated appliances, new countertops and sleek cabinets. When renovating, opt for lighter colors that make your kitchen look bigger and more modern than traditional dark wood. Consider open shelving for a more contemporary look, and remember to add energy-efficient appliances that appeal to eco-conscious buyers. 

Renovate the Bathroom

Bathrooms play a significant role in the decision-making process for potential buyers. Upgrading fixtures, replacing old tiles, adding a fresh coat of paint and incorporating modern touches like a rain showerhead or smart mirror can elevate the overall feel of your bathroom. 

Redesign Your Roof

Beyond its functional role, the roof is a crucial aesthetic component that influences curb appeal. Opting for modern roofing materials, colors and designs can instantly elevate the look of your property, leaving a positive and lasting impression on potential buyers. If you want a cleaner, minimalistic look, an international-style roof is the way to go. However, if you want to add a contemporary touch to a more traditional roof, a prairie roof will do just that. 

Make Energy-Efficient Improvements

Energy-efficient upgrades appeal to environmentally conscious buyers and can lead to long-term cost savings, and 90% of buyers prefer homes with energy-efficient features.

Modern upgrades like energy-efficient windows, smart thermostats, LED lighting and a solar-powered geyser make your home more attractive to potential buyers and demonstrate a commitment to reduced energy consumption. 

Add Smart Home Technology

Embrace the future by incorporating smart home technology into your living spaces. From programmable thermostats to smart lighting and security systems, these modern amenities can significantly increase your home’s appeal. Potential buyers often appreciate the convenience and efficiency that comes with a technologically advanced home.

Enhance Outdoor Living Spaces

Modern living extends beyond the four walls of a house. Creating inviting and relaxing outdoor spaces can drastically increase the perceived value of your home. Invest in modern-style patio furniture like long couches with taupe cushions, incorporate elegant lighting fixtures and let your backyard turn into an oasis. 

Add Fresh Paint and New Flooring

A fresh coat of paint can do wonders for a home’s appearance. Most modern homes use neutral shades like white, gray and tan while adding pops of bold colors like black. 

Flooring can also contribute to a modern home’s appearance. Opt for durable materials like hardwood for a timeless look that boosts the sale price of your home. Quality flooring and a clean, neutral palate create a blank canvas for potential buyers to envision their own style. 

Consider Open-Plan Living

Modern home buyers are usually drawn to open, spacious floor plans. If your home allows, consider removing non-load-bearing walls to create a more open and flexible layout. This plan improves the overall flow of the space and provides a modern feel that resonates with today’s home buyers. 

Increase Your Home’s Value

By strategically modernizing your home, you increase its market value and make it more appealing to buyers. These thoughtful upgrades will enhance your living experience and position your property as a desirable investment in the eyes of buyers. 

Evelyn Long is a home living writer with specialties in real estate and home design. She is the

editor-in-chief of Renovated and has written for many different sites like National Association of

Realtors, Eppraisal, and Build.