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Which Home Improvements Yield The Strongest Returns?

The key to adding value to a property is buyer appeal. In real estate, light, bright and clean spaces are inviting to buyers, so good lighting and a neutral palette are inexpensive and very worthwhile investments. According to the National Association of Realtors, updated kitchens and bathrooms are the improvements that yield the strongest return. today's buyers love stylish trends especially in the kitchen. Simple fixes like replacing plumbing and light fixtures, painting old cabinet, changing knobs or installing stainless steel appliances add a fresh bit of style that will amount to stronger market response.

A simple and powerful fix for dated bathrooms is a fresh white enamel coating applied over dated 4-by4 colored tiles. A new pedestal sink or a contemporary mirror are simple but effective improvements that go a long way with today's buyers. Improving energy efficiency has a great impact on the attractiveness of the property. A lot of younger and more energy conscious buyers would appreciate such enhancements - not to mention that in many areas of the country, energy and water costs are on the rise. The improvements would definitely help to save money on the utility bills.

One of the steps to upgrading energy efficiency is to go with low flow faucets and showerheads, which can reduce the water consumption as much as 50 percent. Fixing leaking faucets and pipes will also be beneficial to saving money and saving energy. It is recommended to inspect pipes and drains every six months for possible wear and tear.

The replacement of an existing water heater with a tankless water heater may help you save up to 20 percent on your water bill. Also regulating your home's temperature by rethinking your insulation, managing the temperature automatically and sealing up the drafts can lessen the burden of high utility bills.

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