What are the Most Important Projects to Prioritize in a Fixer Upper?

Fixer UpperBuying a fixer upper in Los Angeles can be a smart way to invest in a home while almost immediately boosting its value. If you are looking at homes for sale in Los Angeles, it's important to evaluate what projects need to come first as you embark on the renovation. Keeping both personal comfort and resale value in mind, there are a few home improvements that are worth tackling first. 

If you're getting ready to buy a home in Los Angeles, we can help. Contact us any time to learn more about Los Angeles homes for sale, and keep reading to learn more about how to make the most of your investment in a fixer upper. 

"In many cases, buyers who are looking for a great deal in Los Angeles buy a home that is in need of updating. The key to an investment that is truly a good deal financially, and also becomes a place you love living, is prioritizing the right projects first. This is going to be essential for the best ROI and for having a home that is functional and comfortable for you." -Tom Hernandez, Hernandez Real Estate Team

We've got a list of projects that you may want to focus on first to make sure your fixer upper experience is a positive one. 

Safety and Structural Concerns

A top priority in most renovations needs to be the safety and structural integrity of the home. In many cases, you will have a good idea of what needs to be done based on the home inspection report, but there is always the possibility that other problems may be discovered as you get going on the renovation. 

If you're working with a reputable contractor, he or she will be able to tell you what needs to be done to bring your home up to code or make it safe. Depending on the age and condition of the home, this might include things like repairing the roof or foundation, mold remediation, or updating plumbing and electrical systems. 

Kitchen Remodel

The kitchen is often considered the heart of the home and a key selling point for buyers. Invest in updating the kitchen with modern appliances, countertops, cabinetry, and fixtures. A well-designed and functional kitchen can significantly increase the resale value of the property.

Remodeling your kitchen is also one of the best ways to ensure that you are comfortable in your new home and can enjoy it to the fullest. Especially if you enjoy cooking, but even if you do not, a brand new kitchen makes a major impact on the home as a whole. For both personal and resale value reasons, consider prioritizing a kitchen renovation, at least in part, before tackling other parts of the home. 

Bathroom Remodel

Coming right on the tails of a kitchen remodel, bathroom remodels are some of the most important home improvements to prioritize. Upgrading the bathrooms will enhance functionality and aesthetics, as well as boost the value of the home considerably. Consider replacing outdated fixtures, tiles, and vanities to create a spa-like atmosphere. Adding energy-efficient features, such as low-flow toilets and water-saving faucets, can also appeal to eco-conscious buyers in the future and make your home more efficient and affordable in the meantime. 

Flooring

The flooring in a home, especially if it is worn or outdated, can greatly affect everything else in it. Whether it is old carpet that appears dirty because of stains and wear, or just a style that clashes with your design aesthetic, having the wrong floors can ruin the feel of the entire home. 

Newer floors, especially those with broad appeal like hardwood or LVP, can also boost the value of your home and its future resale appeal considerably. Replace worn or outdated flooring throughout the home with durable and stylish options. Hardwood floors, laminate, or luxury vinyl planks are popular choices that can add value and appeal to potential buyers, but even new tiles or carpeting can make a big difference. 

Additions

Finally, if you plan to add on to the home by building out or up, creating a new bathroom, or increasing the number of bedrooms, this is the type of project that is worth prioritizing. Whether it is a true addition, or just modifying the existing square footage to have a more functional layout, this remodel has the potential to drastically boost your home's value both in resale and to you personally. 

Because this is also likely going to be using the bulk of your remodeling budget, it's smart to take on these major renovations first and then move on to the less significant projects when you know what your timeline and budget are from there. 

Renovating a fixer-upper can be a deeply rewarding experience, providing a sense of accomplishment and creative expression. Seeing the transformation of a neglected property into a beautiful and functional home is a gratifying journey that allows you to put your stamp on the space and make it your own. With the right strategy in place, you can prioritize the projects for a home investment you're proud of. Ready to find your home for sale in Los Angeles? Contact us any time to find out how we can help. 

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