Boost Your Denver Home's ROI With These Six Home Improvements

If you're looking to boost your Denver home's return on investment (ROI), then you'll want to focus on making high-value home improvements like increasing the functionality of existing rooms, upgrading the kitchen, bathrooms, and bedrooms, adding or updating a home office, and potentially proceeding with a home addition. These are updates and additions that offer a great return on investment, meaning you'll be in a prime position to achieve top dollar when you list your property among Denver homes for sale.

According to Fork Theory, which is derived from the idiom "Stick a fork in me, I'm done," forks are the minor and major stressors that build up over the course of a day. Applying this to the homeownership of Denver real estate, what are the areas of minor (or major!) annoyance you've been putting off fixing? For example, are your vents or electrical outlets placed in areas that are inconvenient for modern home buyers of Denver homes for sale? Over the years, furniture styles and room purposes have evolved, so spaces designed for homeowners decades ago may need some design upgrades to be more functional today. By identifying known issues you have not yet fixed, you have a place to start your improvements without feeling too overwhelmed by all the possible upgrades you can make.

For the kitchen, consider how many appliances the typical home cook needs. Does your kitchen have enough plugs to support countertop appliances like the coffee machine, blender, mixer, toaster, etc. all at once? Is there enough counter space for these machines as well as for food preparation? If not, you might want to consider an addition or reconfiguration in your Denver real estate. Other key kitchen features that can add value are a new dishwasher, double ovens, and two stovetops. It is also worth considering the age of your cabinets and countertop. If they are in poor shape or look like they belong in a different era, it may be time to refurbish or replace them. If your Denver real estate currently lacks any of these features, they may be worth considering when making these upgrades.

An island is also a great way to increase the functionality of your kitchen. If you have the space, adding an island can give you extra counter and storage space. It can also provide a place to eat in the kitchen or serve as a homework station for kids, which appeals to families interested in Denver homes for sale.

Another way to improve the function of your kitchen is by updating the layout. If your current layout is inefficient or inconvenient, then it may be time for a change. This is a more significant upgrade that will require the help of a professional, but it can make a big difference in how you use and enjoy your kitchen.

In the bathroom, the most common improvements that see a high return on investment among Denver real estate are increasing the size of the shower, adding a double sink vanity, and installing heated floors. If you have a small bathroom, you may want to consider reconfiguring the layout to make better use of the space. For example, you could move the toilet to a different location or add a storage closet.

For the shower, in addition to increasing the size, adding recessed nooks for shower accessories is a popular upgrade. Buyers also appreciate rainwater-inspired shower heads or the addition of one or more extra showerheads.

Aside from the heated flooring, other amenity upgrades buyers adore include entertainment elements such as a sound system, television, or fireplace to be enjoyed while relaxing in the bath.

When it comes to luxurious bedroom improvements, there are a few that stand out as being particularly high-value for buyers interested in Denver homes for sale. Installing a new ceiling fan is a great way to start. Not only does it add a touch of luxury, but it can also help you save on your energy bills.

Another popular upgrade is installing a fireplace. Not only is this a great way to add value to your home, but it can also make your bedroom more comfortable and inviting. If you don't have the space for a traditional fireplace, there are many electric options that can give you the same look and feel without the need for extensive renovations.

If you have the space, adding a walk-in closet is another great way to add value to your home. This is a particularly desirable feature for buyers who have a lot of clothes or are looking for extra storage space.

Finally, if you're looking for a luxurious upgrade that will really wow buyers, consider adding a sitting area to your bedroom. This can be a great place to relax and can really make your bedroom feel like a retreat.

If your Denver real estate doesn't already have one, adding a dedicated office space is a feature today's buyers especially appreciate. This is a great way to add value to your home and make it more attractive to potential buyers of Denver homes for sale.

When adding an office, there are a few things you'll want to keep in mind. First, consider the size of the space. You'll want to make sure it's large enough to comfortably fit a desk, chair, and any other furniture you plan on adding. Second, pay attention to the lighting. You'll want to make sure the space is well-lit so you can work comfortably. Finally, think about acoustics. If you live in a noisy area or have family members who are often home during the day, you may want to consider soundproofing the space.

If your home already has a home office, consider upgrades that would make your own working-from-home experience easier. Does the room have enough plugs? Does the whole home have surge protection? Have you considered a generator to allow you to keep working even if the power goes out?

One of the highest ticket items that can bring in a high return on investment is adding an extra story or extension on the ground floor. This can be a great way to add value to your home and make it more attractive to potential buyers.

When adding an extra story or first-floor expansion, there are a few things you'll want to keep in mind. First, consider the structure of your property. Consult with an architect and building firm to determine the feasibility of the project and to get an estimate of the costs. Be sure to consider the type of space that would most benefit your family and future buyers. Does adding space provide you with the room for a home office, a recreation room, or even an in-law suite? Having a tentative design idea in mind when you consult the architect is wise. Be sure you have the necessary permits and approvals from your local municipality before starting construction. Adding an extra story or first-floor expansion can be a big project, but it can really pay off when it comes time to sell your home.

If you're looking to invest in a home improvement project for Denver real estate that will give you the highest return on investment when you list your property among Denver homes for sale, consider one or more of the projects mentioned here for your Denver home. Reach out to experienced local agent Lisa Taylor for a personalized recommendation of upgrades buyers are looking for in your area and for assistance with the listing process for Denver homes for sale.