How to Increase Value of Your Home
Home remodeling can go a long way when it comes to adding more value to your property. But choosing which part of your house or condominium unit to renovate is a very crucial decision-making phase, one that may eventually lead to disastrous financial problems if done wrong. If that day comes when you decide to improve your house for the sake of giving it a makeover or simply selling it, here are a few remodeling pointers you need to remember to avoid decreasing its value.
Make a memorable first impression
The first thing a prospective buyer will immediately see is what’s in front of your actual property. An undesirable entryway and unkempt landscaping can make your place look shabby and at times even hide the beauty of your house. A well-maintained garden or yard can increase any property’s selling price because it makes the buyers see what they’re purchasing with their money. This doesn’t necessarily mean painting your main door with a color too “interesting” to the normal eye, or paying for professional landscaping services. A few repainting jobs and tidying up can already make a big difference.
Upgrade your kitchen and bath
People, in general, spend a lot of time in their kitchens and bathrooms that is why any kind of update in these areas is automatically an increase in property value. You don’t have to replace all your old cooking appliances with their more modern versions to sell the space. A shiny new bath tub can definitely tempt people to have your bathroom but spending money on expensive improvements can be a waste. Adding a uniquely shaped soffit and quinique backsplash can already make your kitchen look stylish. Ceiling lamps and pin lights under cabinets can emphasize the conduciveness of a space. If you have broken tiles or cracks in countertops, make sure to replace or repair them so everything looks uniform and clean.
Create more space
Clutter is the last thing people want to have in their homes that is why a house or condominium unit that has more space for storage entices more buyers. Also, adding extra rooms for entertaining guests can help make your prospects visualize your property as a place they can hold gatherings in. A simple deck construction can already give a positive impact on your house’s selling price. Adding a few extra ledges on your cabinets or storage spaces under the beds can also add to this since these are characteristics of a smart living space.
Depersonalize your home
This works especially if you’re already 100% decided in selling your house. Separating your personal choices from the actual home improvements can give a positive impact on adding value to your property. Not everybody will appreciate your favorite color freshly plastered across the master bedroom wall – especially if it’s as wild as neon green. If your house is a bit aged and you decide to install a luxury kitchen as big as the living room, buyers might not look at it as a home but as a luxury kitchen in a fancy restaurant. It’s perfectly okay for your home to have a part of your little eccentricities. But if you want to successfully sell and add value to it, you have to improve it in a way that people can see themselves living in it.