Renovating your home makes it more attractive and comfortable. However, there are other renovations that you can undertake that increase the resale value of the home. It doesn’t matter whether you don’t plan to sell in the near future – it makes it worthwhile for you to have a return on investment from what you put in place. Not every renovation idea adds value to the property; some might give you just minimum returns. Here are renovations that give you maximum ROIs.
Home Renovation Ideas to Increase House Value
1. Remodel Your Kitchen
Whether it is a full or partial remodel, the changes you make to your kitchen will add some value to the property. This is because this is the single most room in the home and buyers consider it a priority. If your kitchen is cramped, make it spacious. Add a fresh coat of paint and clean the cabinets and other kitchen furniture. Replace any damaged appliances and install a countertop. Finally, make sure the light is bright and airy.
2. Update Your Bathroom
The bathroom also adds to the resale value of your home. Use modern styles when updating this part of the house because it has since turned from being a room for keeping clean and now it is a place of a luxury. Install new faucets and showerheads. Next, install tiles on the wall around the bathtub.
3. Invest in Interior Lighting
Lighting makes a huge difference in the way your indoors look. You need to know that buyers prefer as much natural light as possible because this saves on energy costs. Use different types of lights for various purposes. You can use lights to set the mood or use task lights to illuminate parts of your kitchen for easier handling of tasks. Move through the house and understand where changes are needed. Go online and shop for deals so that you save on costs and save more than 50 per cent on purchases.
4. Re-do Your Insulation
Redoing the insulation in your home is one of the eco-friendly renovations that you can undertake. Extra insulation makes your home more energy efficient, which means you pay less for gas and electricity. This reduces on utility bills, something that homebuyers are looking for. Work with a qualified contractor who will check the insulation and come up with an estimate depending on what you need.
5. Install New Cabinets
If working with a decent budget, go for new cabinets. Cabinets create a dramatic look that will transform your kitchen. The cabinets will add a different style and a different tone. You can also try a new layout.
Tips to Attract Lots of Potential Buyers
Now that you’ve made the decision to sell your home, the time has come to make sure people will want to buy it. Your real estate agent will tell you a little about how others have prepared their houses for sales, but ultimately the task of getting the house ready is in your hands. Here are some basics that will ensure the house presents well and attracts the right type of attention.
Taking Care of the Essentials of the House
Your first task is to ensure that the structure of the home is in great condition. To this end, you want the wiring, plumbing, and the foundation checked by a professional. If there is any type of repairs needed, you’ll want to hire handyman manly services to take care of those issues. When a prospective buyer asks if the roof has been inspected recently or if the wiring is up to date, you can answer in the affirmative. That will help keep the conversation going.
2. The Clutter Goes Now
Since you are offering the property for sale, no one really wants to look at your collection of knick-knacks or stuffed animals. As much as you like them, they are preventing buyers from seeing what the house has to offer.
Before you have the first person come to look at your house, get rid of the clutter. See this as the opportunity to decide what makes the move with you and what needs to be donated or given away to friends. Pack up all but a few accent pieces to help give some character to the rooms. Everything that you plan on keeping can go into storage for now.
3. Clean Everything
Once the clutter is out of the way, every inch of the home must be cleaned thoroughly. You may not detect the scent left by the dog because you are used to it. Buyers entering the home will quickly notice the smell and begin to be turned off immediately.
Leave nothing undone when it comes to the cleaning. Wash down the walls, have the window treatments cleaned, and hire a service to steam clean all the carpeting. Don’t forget to clean all the bathrooms thoroughly and go over the hardwood floors and tiles. Even the kitchen cabinets need to be cleaned. All this hard work will leave the home smelling fresh and looking great.
Remember if you don’t have the time or are not that great at cleaning, you can always hire a professional house cleaning service to do the job. Rest assured that the money will be well spent.
4. Staging: Less is More
With the clutter gone and everything cleaned, you need to turn your attention to staging the home. This will likely mean putting some pieces of furniture in storage. Your goal is to leave enough in each room to provide inspiration for using the space while providing the opportunity for buyers to see the architectural details of each room. This provides them with the ability to envision their belongings in the space, something that could lead to receiving an offer.
Remember that while your real estate agent will do a great job of finding potential buyers and bringing them to the property, preparing the house for sale is up to you. Get things in order, and ensure that the house is always at its best. Doing so will mean receiving an offer sooner than later, and maybe even getting an offer that is a little more than your original asking price.
This article comes courtesy of Rokco Builds, trusted customer-centric services in building and construction based in Morningside, QLD.