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ortgage Bankers Association

    Kitchen and bath upgrades, fresh paint, decluttering and curb‑appeal enhancements lift home value as buyers confront steady rates

    Sellers should invest in changes that make homes stand out and fetch top price.

    People buying or selling now face a market in flux. High rates have made borrowing pricier. The Mortgage Bankers Association forecasts 30‑year mortgage rates to settle around 6.5 % for the foreseeable future. While this may disappoint those hoping for lower numbers, it could also spur hesitant buyers to act in 2025. Sellers should focus on improvements that boost appeal.

    Kitchen and bath refreshes

    The kitchen remains the home’s focal point. Simple updates—resurfacing cabinets, swapping fixtures, or installing new countertops—can instantly modernize the space. Bathrooms are equally valuable; as Katie Severance calls them “money rooms,” they add the most resale value.

    Declutter

    Removing excess items makes rooms feel larger and lets buyers picture themselves living there, with open‑plan layouts still popular.

    Paint

    A fresh coat is one of the most economical renovations. HGTV notes that freshly painted rooms look cleaner. Neutral hues appeal to the widest audience.

    Curb appeal

    First impressions matter. Keep lawns trimmed and add low‑maintenance plants to boost curb appeal.

    Add usable space

    Finishing basements or attics, converting garages into living areas, or creating a three‑season room can increase square footage—a strong selling point.

    With rates steady and competition likely to persist, targeted upgrades before listing can maximize resale value.