Do you have a home in Mission Viejo that you’re looking to upgrade, but you also want to keep ROI (return on investment) in mind? If your current home isn’t likely to be your “forever home,” but you still want to upgrade it while you’re living there, you’ll want to make smart choices with your Mission Viejo home remodel. If you don’t, when you go to sell your home, you might not get the top dollar you were hoping for.
Here are some tips for Mission Viejo homeowners who want to upgrade their home now but also want to get a good portion of their renovation dollars back when they sell it in the future.
Think Like a Buyer
All home buyers are different, but there some upgrades that will appeal to just about anyone looking to purchase a home. One of the first things a potential buyer will look at is the size of the home. Does it have the square footage they need to accommodate their lifestyle? Does it have adequate bedrooms and bathrooms for their family size?
Adding on to your home typically has a great return on investment—especially if you are adding additional bedrooms and bathrooms. Turning a master bedroom into a master suite (with an attached bathroom) can also be a great investment.
Buyers also tend to look for—and pay top dollar for—homes with updated kitchens and bathrooms. The money spent on smart upgrades to these rooms, such as new cabinets, countertops, flooring, and fixtures, is typically money well spent.
Finally, improving your home’s curb appeal can be a great way to upgrade your home that will likely give you a great return on your investment and also help it sell faster than comparable homes on the market. If your home is a “cookie cutter” tract home, consider improvements that will give it some personality, such as a new, designer front door, an upgraded front porch, and/or decorative accents like stone, siding, brick, or other materials that will help your home stand out in the neighborhood.
Keep the High-Dollar Upgrades Classic
If you were planning on staying in your house forever, our advice would be to upgrade it in ways that make you happy! Use bold colors and patterns! Splurge on that exotic countertop material! Go all in on a unique design style!
However, if you are doing a Mission Viejo home remodel with the intention of selling the home in the near future, our advice is a bit different. We recommend limiting bold or trendy choices to the things that can be easily changed out (or that won’t be sold with the house, such as furniture). Examples of ways to express your personal style without turning off potential buyers would be with paint, light fixtures, and window treatments.
For the higher-dollar upgrades, such as flooring, kitchen cabinets, countertops, and bathroom remodels, try to keep your design choices more mainstream.
Don’t Forget about Less Exciting Upgrades
Finally, don’t forget about home remodeling projects that are maybe a little less “exciting” but have a surprisingly good ROI. These include more practical upgrades, such as a new roof, energy-efficient windows, or a new heating and cooling system.
If any of these elements in your home are obviously old or not functioning as they should, upgrading them can be a really smart decision when it comes to ROI. As an added bonus, you can also enjoy the energy savings on improvements like new windows or other energy-efficient upgrades for as long as you own your home!
The team at Scott McKee Construction is happy to help you with all the important decisions that need to be made when undertaking a Mission Viejo home remodel. We know how to bring design elements together in a cohesive way so you end up with a home you can enjoy for many years—and get top dollar for in the future!
