Which home improvement upgrades will get you the most bang for your buck?

This article was written and paid for by Opendoor.

If you've ever sold a home, you're well aware of the preparation and sometimes the stress that goes into getting ready to put your house on the market.

More often than not, homeowners take on renovation projects hoping, but not knowing, whether they will see a worthwhile increase in their home's value when it comes time to sell.

When considering fixing up or adding to your house to get it ready to sell, Opendoor suggests sellers should be thinking about increasing curb appeal, which is often a buyer's first impression when they see a new property.

Curb appeal improvements can go a long way toward getting potential buyers interested in going inside to see more of the home, and include exterior improvements such as updating your landscaping, resealing your driveway, repainting the exterior of the home and potentially replacing your front door or garage door.

All of these basic maintenance items that you may be willing to overlook as a homeowner may stick out like a sore thumb when looking at the home from the potential buyer's perspective. 

Similarly, there are usually some improvements or fixes that a seller may want to consider on the interior of the house to get it show-ready.

Again, turning to your running to-do list of little projects that you've been meaning to get done around the house is a great place to start. Having the carpets cleaned, fixing up broken appliances and maybe patching a few minor holes in your drywall are inexpensive, yet highly noticeable, fixes that can go a long way in increasing the appeal of your home to a prospective buyer.  

Of course, there are certainly larger, more expensive upgrades and fixes that may help sellers see a boost in their home value, too.

Since many buyers prefer a home that is move-in ready, some sellers may want to consider making these more substantial updates to make a home even more attractive to a potential buyer.

Opendoor recently launched its Home Improvement Value Calculator to provide some tips on which upgrades can give homeowners the most bang for their buck.

Opendoor buys and sells hundreds of homes across Central Florida, giving the company an opportunity to analyze individual home features in order to better understand how and what improvements are increasing the overall value of a home.

For a home valued around $200,000, which is close to the median price of a home in the Greater Orlando area, there are five upgrades that can offer a nice boost in home value. These upgrades include adding a pool, adding an extra bedroom, remodeling the kitchen, adding a full bathroom and converting existing living space into another bedroom.

This Home Improvement Value Calculator can serve as a resource for anyone interested in learning which improvements can add the most potential value to their home. That tool can be found by clicking or tapping here.

For homeowners who may not have the time or ability to take on all the necessary home improvements required to make their home salable, Opendoor can provide a real, no-obligation, competitive cash offer within 24 hours.

This allows homeowners to sell their home quickly, on their schedule, with no need to make improvements or renovations or to have to declutter their house. They can avoid open houses and home showings, which has proven to be very helpful for people who work from home or have children or pets. It's a very simple way to sell your home without the hassle. 

To learn more, visit Opendoor.com, download the Opendoor app (Android, iOS), or call the Central Florida Opendoor team at 407-988-2951.