7 Home Remodeling Projects to Boost Your Property Value in Nashville
If you’re living in Nashville, you already know how amazing it is to call this city your home. With its vibrant music scene, delicious food, and bustling city life, Nashville is a city that has something for everyone. As more people move here, you may be considering putting your home on the market. But before you do, you’re likely wondering what home improvements will truly make a difference when it comes to your home’s resale value. Luckily, we’ve got you covered. In this article, we’ll share seven home remodeling projects that will not only transform your Nashville home into a modern, personal oasis, but also increase its resale value.
It’s important to note that the median list price in Nashville is $439,400, so comparing the list price of different home features can help you determine which upgrades will help you sell for more.
#1: Open Concept Living
Knocking down walls to create an open concept living area is a popular remodeling project in Nashville. Open floor plans have become the new standard for many homebuyers as they appreciate a large and modern living area for entertaining, spending time with family, and the overall ambiance it creates. Whether you’re looking to increase your home’s value or you want to improve the look and flow of your space, creating an open concept floor plan is a great project to take on.
Homes for sale in Nashville that included an open concept living sold for a median list price of $513,100.
#2: Large Bonus Room
Another popular home improvement project to consider if you live in Nashville is the addition of a large bonus room. This type of space is especially attractive to homebuyers as there’s an array of possibilities for a bonus room. You can turn it into a game room, home theater, office space, gym, or even a guest bedroom.
Homes for sale in Nashville that included a large bonus room sold for a median list price of $624,900.
#3: Ceramic Floors
If you’re considering updating the flooring in your home, consider ceramic floors. They’re durable, easy to clean, and come in a wide variety of colors and patterns. Plus, they’re perfect for Nashville’s hot and humid climate. Of course it depends on your preferences, but when it comes to your home’s resale value, this could be a smart flooring option.
Homes for sale in Nashville that included ceramic floors sold for a median list price of $370,000.
#4: Cabana
If you’re someone who enjoys spending time outdoors, a cabana can be a great addition to your home. It provides a covered area to relax, entertain, and escape the sun on hot summer days. Nashville’s mild climate allows for outdoor living almost year-round, making a cabana a worthwhile investment.
Homes for sale in Nashville that included a cabana sold for a median list price of $494,990.
#5: Laundry Area
A laundry area is a functional and practical addition to any home. Whether you have a small laundry closet or a dedicated laundry room, updating this area of your home is a relatively simple home improvement project that can make a big difference.
Homes for sale in Nashville that included a laundry area sold for a median list price of $520,000.
#6: Light Fixtures
Updating your light fixtures is another simple home remodeling project that can help transform your home’s look and feel. From statement chandeliers to sleek modern fixtures, there are many options to choose from to suit your style and taste.
Homes for sale in Nashville that included light fixtures sold for a median list price of $499,500.
#7: New Kitchen
Lastly, renovating your kitchen is another valuable home remodeling project for homes in Nashville. From new cabinetry and countertops to state-of-the-art appliances and designer finishes, the possibilities are endless. And whether you completely remodel your kitchen or just make a few updates to give it an overall new feel, it’ll make a big difference.
Homes for sale in Nashville that included a new kitchen sold for a median list price of $474,000.
Per home listing data on Redfin.com, as of April 2023.
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