Cost Effective Tips to Increase the Value of Your Home
Looking to renovate your home in order to sell it a greater value? Or maybe you just want to make it winter ready to withstand the upcoming harsh weather. Whatever might be the purpose, you just have to make sure that the renovations do not put undue stress on your income.
Selling your home for the maximum value that it can foster is a priority for every home seller. However, along the course of the long years that you have spent there, after facing all sorts of abuse and nature’s fury, the property has reduced to only a reflection of its original self. Now what the property needs at the first priority is a complete overhaul.
Most home owners dread any kind of renovation, and for good reason. Home improvements rarely come cheap and most of them do not add as much value as the expense incurred in realizing them. Moreover, how much money a home owner should invest in a property which he is going to sell is a contentious issue. You obviously do not want to spend too much as someone else will be enjoying its benefits, and you cannot afford to ignore the renovations if you want the property to compete with other high end properties in the market.
Don’t add a room, improvise the existing ones: The concept of master bedroom, kid’s room were not as prevalent even a decade back. If you bought a home at that point of time chances are that you were living blissfully without these features. However, explaining the same to the present-age buyer could be a herculean task. Now adding these rooms to the existing structure would require you to redesign the whole layout plan, hire a constructing agency and deal with the stress of a huge payout.
Not worth the efforts when it’s a known fact that you won’t be enjoying any of the new additions. Instead, you must try and improvise on the existing rooms, create more space than seems to be there. How about de-cluttering the place? Or make your store room look like another bedroom? You can take the help of a realtor to know what the latest in-trend is in the independent home buyer’s market.
Rebuff your kitchen and bathroom: It wouldn’t be wrong to say that the first priority of most home buyers is the kitchen and bath. Kitchen is considered the heart of a house, and therefore makes sure that it looks clean and updated when buyers make a beeline for your property. It shouldn’t cost much to replace the kitchen faucet set if required to do so, and you can also add a fresh coat of paint on your wooden cabinet doors for a few hundred dollars.
Next to kitchen, it’s the turn of the bath. Cleaning the toilet seat inside out, clearing the bath tub of all the human waste and giving the tiles a good wash should be the first line of action. Engage the service of a professional if you find it all too much to handle. You can also consider replacing the toilet seat and adding a pedestal sink.
Update the wall paint: A good coat of paint is sometimes all a home needs to make it look newer than ever. Clearing it out of all the spots and dirt the wall had accumulated along the years, a fresh coat of paint will ensure a better presentable exterior and interior. Before choosing on the paint, do a quickie on the prevalent trends. Ask any interior designer or even a realty agent to know what buyers are looking for. Neutral colors such as off-white or beige are always a good choice to make.
Saurabh Tyagi is a new media enthusiast with professional experience as a blogger with 99acres.com. He keeps an eye on the top real estate trends across the country and pens his thoughts for leading online publications on topics related to career, technology and real estate.
