It's important to consider the condition of the home and address any necessary repairs or maintenance before making any updates. This includes things like fixing any leaks or plumbing issues, replacing old windows or doors, and repairing any structural damage. Making these kinds of repairs can help increase the value of the home and make it more appealing to potential buyers.
Other updates that can add value to a home include energy-efficient upgrades, such as installing energy-efficient appliances, windows, and insulation, as well as adding solar panels. These updates can help reduce energy costs for the homeowner and make the home more attractive to environmentally conscious buyers.
It's also worth considering the local real estate market and what updates are most popular in the area when deciding which updates to make. For example, if the majority of homes in the area have updated kitchens and bathrooms, then investing in these updates may be a good way to increase the value of your home.
In general, it's important to keep in mind that not all updates will necessarily add value to a home. It's important to do research and consider the costs and potential return on investment before making any updates.