Once again I digress. If you have the room on your property and meet all your jurisdictional building and zoning criteria i.e. square footage requirements set backs, CC&R's if applicable then I would strongly consider an ADU.
What with the Baby Boomers caught in the middle of the "Sandwich Generation" Paying for the housing of their unemployed children while tending to their parents needs additional room and even separated living quarters on one property is significantly increasing in popularity.
You can spend from 25k and up to the sky is the limit for a kitchen remodel and from 10 to 50k for a bathroom remodel. A 500 to 750 Granny Flat or "Backyard Cottage" could be built and/or installed for under 100k and you would be providing additional living space and/or income producing space which you will soon see as being the further.
Here are the Top 3 projects that can bring parts of the home up-to-date or add living space:
Replacing exterior siding with upscale fiber cement. The most cost-effective thing you can do to your home this year is to replace old siding with new, higher-end fiber cement.
Replacing an entry door with a mid-level 20-gauge steel door is an inexpensive upgrade at $1,238 on average, but it pays back handsomely and greatly improves curb appeal.
An attic remodel is the cheapest way to add space and a bathroom within the house. A basement remodel is the next most cost-efficient way to add living space, although code requirements for headroom and exterior doors make that project more complicated and more expensive.
Feel free to get in touch with me anytime if you have questions at all.
Side note -
Flippers don't make their money by remodeling homes. If they did, they would be called remodeling contractors. Flippers make their money when they purchase their homes. What they do after that is as little as they can to bring it to market as quickly as possible.
The simplest and least expensive ways to improve your property is in paint, both inside and out, planting flowers, rolling out new sod, fresh carpet, etc. These 'simple' fixes can make a big difference to an old or neglected home.
I hope this helps!
REALTOR, Short Sale and Foreclosure Resource
I also suggest you take a long hard look at the design and color combinations to ensure everything ties together well. You should certainly consider hiring someone in design to help you choose your color schemes and decor.
Selecting a good contractor is also extremely important. As to see examples of their past work AND speak to past clients. Ensure you speak to the references before you decide on whom to use.
Construction work is not cheap and you will get what you pay for. The cheapest is seldom the best.
Lastly if you are renovating with intent to sell I would select a listing agent who stages your home and one who uses the very best photographer giving you stunning and brilliant High Definition photos and a virtual tour. This will ensure your home gets maximum traffic and views!
Hope this helps! Good luck and feel free to call if you have any questions.
Reef Point Realty & Construction
Some of the most recent trend, based on the area, would suggest adding features such as wine fridge or cellars as well as opening spaces, if possible, and if it makes sense with your budget.
You should never do anything too personal (such as accent walls or using very unique colors). always leave the space as a blank canvas for the next buyer to add.
Prudential California Realtyu