The real estate market has been a little wild since Covid swept the nation. CoreLogic shows that the median US home price rose 18.1% in 2021. That’s a drastic increase from previous years and it’s mostly due to a housing shortage and a shift in what homebuyers want in a home.
If you’re planning to update or repair your mobile or manufactured home, it’s smart to focus on projects that increase its value and give you the best return on investment (ROI).
Home improvements with a strategy behind them improve living areas and ensure a good return on investment (ROI) when selling the house. This article highlights the best mobile home improvements based on their previous return on investment statistics.
1. Kitchen Remodels
The kitchen, commonly seen as the central part of a home, is one of the main selling features of a home whether it factory-built or site-built.
Replacing old appliances with new ones is fairly easy (but expensive) to give an old kitchen a new look. Replacing or updating your mobile home cabinets and countertops is smart, too.
Even smaller updates, like changing handles or improving light fittings, can show a noticeable change in value. This is to create an area that not only works well but also looks nice, where families like to come together and cooking happens effortlessly.
2. Energy-Efficient Windows
Installing energy-efficient windows is a great mobile home improvement because you can lower your heating and cooling costs while changing your home’s look.
This photo from a Syracuse window installation company shows how great a new vinyl window looks against a a clean modern siding.
3. Bathroom Renovations
Bathroom renovations like walk-in showers, towel warmers, and new vanities attract today’s homebuyers.
Even smaller improvements, such as changing taps, painting walls, or installing new light fixtures, can transform an old bathroom into a calming place of rest.
4. Outdoor Living Spaces
Covid kept most of us home for months and allowed us to reconnect with nature, so improving (or creating) outdoor living areas around our homes has turned into a profitable improvement.
Building a deck or patio around your mobile home will cost money, but the return on investment is twofold—you get to add value to your home and enjoy it for years. Best of all, outdoor living spaces don’t have to be fancy. A small area of stone or gravel can be inviting and profitable if you sell.
5. Smart Home Technology
There are tons of products that can turn any home into a ‘smart home.’ Things like clever thermostats that change temperature without instruction or advanced security systems that allow you to watch with your smartphone make a house more efficient and protected.
Smart lighting systems can save energy and help protect the home while also making it look good. It’s a win, win, win.
6. Roof Replacement
Taking away an old or damaged roof is not only a required repair, it is also one of the best mobile home improvements that can increase the value of your home. A new mobile home roofover improves the strength and appearance of a house while safeguarding it from weather harm.
The roofing materials available today come in many styles and colors, offering homeowners options to enhance their home’s look while making it stronger against harsh conditions. Even though the first expense might be big, considering the long-term benefits, such as less risk of water damage and better insulation, make it a good investment. Additionally, a fresh roof is often an important factor when selling your house because it gives potential buyers confidence about its state.
7. Hardwood Flooring
The appearance and atmosphere of a home can be considerably transformed with new floors.
New mobile home subflooring and floor covering like hardwood floors are more visually appealing, and they also offer an advantage in terms of cleaning and upkeep. They can withstand normal wear and tear while being low-maintenance too. Laminate flooring can be waterproof with still having the enduring charm of real wood.
8. Additional Insulation
Extra insulation is a smart investment because it will absolutely cut down energy expenses and improving comfort.
New mobile home insulation helps to keep an even temperature in the house, reducing the requirement for heating and cooling systems and thus decreasing energy usage. This improvement is especially attractive for potential buyers who care about environment issues nowadays, as they value sustainable characteristics that support saving energy.
Conclusion
The greatest improvements for mobile homes are ones that mix comfort with usefulness while also saving money. If you’re planning on selling your home, it’s smart to understand what homebuyers are looking for and do your best to give it to them. And it doesn’t have to cost a lot of money – a fresh coat of paint can add value.
Thanks for reading Mobile Home Living®️!