Let’s just be frank with each other, okay? The very first fear that everyone has when selling their house is the price. Things get even worse when you start imagining what the home inspection report will look like. But with every fear, there’s always a way to turn things around. Stick around and we can explore some of the viable options to improve your home.
Whether you are getting ready to sell your house or you’re simply waiting to sell it somewhere down the road, there are a few home improvements that you can do to add value to your home. More importantly, if you are a well-informed homeowner, I’m sure you’ve kept records of all remodels and updates that you’ve made to your house over the years.
Most home improvements costs can increase quickly, but maximizing your house’s value by making a few minor improvements is worthwhile. Currently, there are hundreds of new ideas especially in real estates; therefore you need to update your home. Otherwise, instead of getting a higher price on the resale, you risk making losses. So to avoid such instances, let’s take a look at home improvements that will increase the value of your house.
Most house projects do add value to your entire home in general. It actually helps improve your life in the house. With the ever-growing home prices, you need to keep up with the game. That said, here are some simple ideas that you can implement in your home.
It doesn’t take a genius to note that the kitchen is what breaths life to your home. That’s because most of the cooking happens in your kitchen. Additionally, it’s one of the most frequently visited places in a home. So, if you made any improvements to your kitchen, the selling price for your home will definitely skyrocket.
However, don’t go overboard because of that one simple fact. Most interior designers will easily agree with me that you shouldn’t make your kitchen fancier than the rest of the house. Above all, your kitchen shouldn’t be more advanced than the ones in your neighbourhood. I’m guessing you are more confused than before. Well, let me clear things out for you:
To give you a clearer picture, I have a friend in my neighbourhood who hasn’t been lucky selling his house for over 5 years. So, I got a bit curious and decided to take a stroll through his house in his last open house day. Immediately, I found out the reason why he still hasn’t had any potential clients.
First of all, the kitchen space seems like it can fit the entire living room and still have more room for the bedrooms. To add to that, he had one of those quaint Arts and Crafts design that cost around $60,000. Wait, what!
Yeah, you heard me right! The style, size and quality of the kitchen don’t even come close to the size and design of the kitchens in our neighbourhood. So, if you are planning to sell your home in the next five or so years, please bear in mind the potential buyers before you decide to remodel the entire kitchen. We all love fancy kitchens, but the best way to get one is to ensure you are in the right neighbourhood.
When it comes to kitchen remodelling, the price can go all the way to over $75,000 and more. But you can easily salvage your pocket by simply painting the room afresh. I’m not saying that your painting is old. However, a change will do you good. Find the latest colour trends and use the new colours in your kitchen. In just a few hours, the kitchen space will look as good as new. Plus, apart from the new look, painting your entire kitchen is less expensive.
On that point, you might want to use a low-VOC type of paint. This is an eco-friendly type of paint. It will additionally help your family to avoid breathing dangerous chemicals due to paints. You can also go with energy-efficient appliances to curb the budget of the remodelling. If you do that, your home will fetch a good price in the market.
That one bathroom that your entire home has will not do you justice in the current market. But you know what, I’m sure you have a bit of room to add a new bathroom somewhere around your home. You will be able to recap a huge chunk of your investment by adding a new bathroom.
Like any other home project, the amount that you are planning to spend to your new bathroom depends largely on the materials you are using and accessories. If you are on a tight budget, you can easily save up some money by checking out some of the equipment at home depot.
With all that extra space in your entire home, what do you do with it? Well, I have a better plan for you. If you are planning to sell your home, you can easily create a new room with that space.
Adding a new room to your home will greatly improve the selling price of the house. However, this can be a gamble that will easily cost more than you planned for. In case your contractors run into any problems, the price for remodelling can be higher than the extra amount you will get from the sale of the house.
Before deciding to demolish a wall, you need to be very careful with what you are about to do. You may very well be opening a can of worms. The best thing is to leave this part to the professionals.
The electric bill is quickly rising over the years. That said, most people looking to buy a new home concentrate on the appliances that will, in the end, cost them money. So, if you want to get the best price for your home, then get energy-efficient appliances. For instance, you can add energy-efficient windows to your home.
You have a lot of different options when it comes to home improvement. As you can see, a little can go a long way. There’s no need for drafting heavy budgets when you can make small improvements around your home. Oh, Lord! I almost forgot one of the most crucial elements when it comes to home improvements: Cleanliness is the best way to improve the price of your home. Keep everything neat and clean before the D-Day. So, what are you waiting for? Implement the above ideas and get that house on the market.