Want to raise the value of the property you plan to sell?
Home improvements will do the trick for you.
Why home improvements?
Remodeling and updating key areas of your home should help you enjoy a better quality of life now, and a bigger selling price if you plan to sell your home in the near future.
Home improvements vary in cost and returns. While some won’t yield huge returns, some will — and they will definitely raise the level of your home’s competitiveness in the market.
Here we’ll look at some of the most important home improvements you’ll need to do if you want to raise the value of your property. We’ll also look at a few improvements that may cost you a lot and may not help you sell your home.
Necessary improvements
Three of the most important rooms you’ll want to spend money to improve — the kitchen, the bathroom, and the living room — are the areas that actually sell houses.
Family members frequently use these areas, and improving them will not only allow you to enjoy them while you stay: your buyers will want to enjoy them too.
Kitchen
Many think of the kitchen as the “heart” of the home. Well, let’s consider it the powerhouse: here is where the food that feeds, satisfies, and energizes the family is prepared.
There are many ways to improve the kitchen. One is to use tiles on the walls to update the kitchen. If tiles aren’t your thing, you can use low-VOC paints in modern colors.
Replace old faucets and kitchen sinks with newer, trendier ones. Farmhouse sinks tend to look better than dirty ceramic sinks.
Selling old appliances and using the proceeds to purchase newer, energy-efficient models will also give the kitchen a much-needed upgrade. Choose appliances in a stainless steel finish as younger buyers will gravitate towards them.
It is highly recommended not to spend too much on the kitchen, though. Some buyers don’t like the idea of luxury kitchens, especially if it doesn’t fit in with the house itself.
Bathroom
Bathroom improvements are generally always a good thing, whether it’s a large-scale renovation or simple updating and repairs.
Sellers can update bathrooms by replacing old porcelain sinks with standalone pedestal sinks. Old faucets and shower heads can also be replaced with newer, more luxurious ones.
Frameless showers and heated bathroom floors may also attract more buyers.
Large-scale and expensive renovations, such as installing whirlpool bathtubs, however, are discouraged as they are costly and will not appeal to many buyers. Adding new bathrooms, on the other hand, will be a good idea for homes with only one bathroom.
Living Rooms
There are several ways to update the living room and make it more appealing to buyers.
Move furniture away from walls and arrange it in such a way that the focus is directed towards a detail that buyers should notice, such as a fireplace. This can make the living room look wider.
Replace old, worn, and smelly carpets with newer carpets or with alternate flooring such as engineered wood floors. If the living room already has hardwood floors, just remove the carpet and have the floor refinished.
Other areas
Other areas of the house can also be improved to increase the property value.
Additions such as energy-efficient windows and ceiling fans will help provide light and help in reducing the need for constant air conditioning in warm climates.
Mowing the lawn, trimming the bushes, and planting bright flowers will improve the house’s curb appeal.
Adding a deck might cost a significant amount, but it will surely add value to the property. Nowadays, people find outdoor living spaces appealing, and adding one to the property will help raise its value.
Outdoor kitchens will also add great value to the house and will appeal to luxury home buyers.
Published on 2018-04-27 17:34:22