When you first bought your home you made a mental wish list of things you wanted to change. Your home was “technically” move-in ready, but the kitchen countertops weren’t really your style. Plus, you’d always wanted double sinks in the master bath. The façade on the fireplace could use a facelift, too. Now that you’ve established yourself in Breckenridge and have the cash to make some home improvements, you might be unsure where to start.
Which upgrades will make the most jaw-dropping impact? What will yield the biggest return on investment when you’re ready to sell your home? Before you take a sledgehammer to your granite countertops that aren’t quite the right shade of taupe, read our tips for how to prioritize your home improvement wish list.
How to Prioritize Your Home Improvement Wish List
Tackle necessary repairs first
It’s tempting to splurge on luxury upgrades that will enhance the aesthetics of your home. (Is anyone else lusting after that industrial-chic light bulb chandelier at The Crown? Swooning.) However, your house is an investment and it’s critical to prioritize the repairs that will keep it in tip-top shape. This often means taking care of “boring” improvements first, like your roof, windows, doors, and furnace.
Make a wish list of your “wants”
If you have money leftover, make a list of your “wants.” We’re talking about that mental wish list of home improvements you made when you did your final walkthrough; the cosmetic upgrades that reflect your personal style. Write all of the projects down in order of priority. Then, call around to get estimates for each (your Summit County real estate agent can recommend top-notch contractors). Establish a budget and decide which projects you can pursue now and what needs to wait.
Consider your return on investment
It might be strange to think about sticking an “Open House” sign in your front yard while adding your personal touches. But, thinking long term is key. Ideally, you’ll recoup some of the money you spend on upgrades when you sell your home. Spoiler alert: you’ll get the most bang for your buck in the kitchen. Bathroom renovations typically garner a high return on investment, too. This probably isn’t at the top of your home improvement wish list, but replacing your garage door (shockingly) yields the biggest return.
Talk to a Summit County real estate agent
We’ll be real with you: remodeling your home is a big – and expensive – project. If you want to make sure you’re adding value to your home, talk to a Summit County real estate agent during the planning process. At Dwell Summit, we’re tapped into the local market and know exactly what buyers in Breckenridge are looking for. Even if you’re not ready to sell right now, getting an expert’s input will help you prioritize your home improvement wish list. If the opportunity to move up or relocate does become a part of your plans, you know exactly where to find us.
Give us a call at 855-DWELL-CO or connect with us on social media to stay in touch!