Our
home is usually our most prized possession. It would have taken years of saving
to purchase it, and you would have been full of hopes and expectations when
moving in. Once you’ve moved in, you would have kept it in pristine condition,
right? Well, even with all the will in the world, it doesn’t always work out
that way and in time we relax into our surroundings without paying too much
attention to them. Then a few years down the line there comes a time when we
decide to move again. This is when we realize our home needs a little help to
sell more quickly and for us to gain the highest price possible for it.
However, unless we have managed to keep up with the regular maintenance and renovations,
our homes may not give us as good a return as we hope. Here, we will look at
the most profitable renovations you can carry out to add value to your home
come sale time.
Most Important Renovations to Increase the
Value of Your Home
• Update Your Color Scheme:
A home renovation is incomplete without a touch of new and vibrant colors on
your walls. Coloring your home not only makes it feel wonderful and new but
also increases the value of your property dramatically. When you come to resell
your property make sure you give it a nice new lick of paint before putting it
on the market. This alone will not only add value to your property but will
also make it much more appealing to buyers.
• Redo Your Kitchen:
The kitchen tends to be the most visited room of any house and is rightly
called the heart of a home. Therefore, if you put a little thought and creative
flair into this room, tidy away all the usual things we all have laying around
our countertops, etc., you can expect a significant increase in the value of
your property. You don’t have to spend a fortune, rather look at it as an
investment in helping you to move forward quickly. Why not install a fresh new
appliance that you can take with you when you move? You don’t have to go to the
expense of retiling all the walls, you could simply remove old tiles,
re-plaster and paint the walls and maybe add a new splash-back behind the
cooker (the new one that you will be taking with you!)
• Give Your Bathroom/WC a Facelift:
If possible, change that ‘funky’ colored bath suite; it really can make a
difference to viewers. Opt for a simple white suit that won’t cost you the
earth. Moldy grout is one of the worst culprits in making your otherwise
pristine bathroom look old and scruffy. Re-sealing around your bathtub is easy
and quick, you could even do it yourself, it will make a huge difference to
your bathroom if you get rid of that nasty seal. With old sanitary ware that
you can’t afford to change, you’ll need a good pair of gloves and ‘get
scrubbing’, make it look as clean and sparkling as possible. De-clutter the
rest of the area, and no knitted toilet roll holders!
• Increase Light and Space in Your
Property: Dark or cramped rooms are not appealing to
potential buyers when it comes to selling your property. They give your home a
shabby and tired appearance, potentially putting buyers off as they think there
is too much work to do to achieve their desired look. A bright and airy house
will always sell faster than a dark and cluttered one. You must increase the
light and space of your property to make it look presentable and appealing to
buyers. You can open up your house in different ways to increase the flow of
natural light and make it look comfortable. Painting the walls in lighter
shades or moving furniture around will help - or even out of the house
altogether, you may be forgiven for having a cluttered garage if the house
looks nice! Also, you could have a play around on paper and draft some
re-designs of your home, after all, no one knows your property as you do. Why
not remove some walls to create an open plan living area or add a vaulted
ceiling, both designs would make your entire property feel larger. Show your
sketches to potential buyers, if they are looking for a renovation project (now
or in the future) it will give them good ideas of what they could do with your
property if purchased. Get the buyer to buy into the dream without spending a
penny!
• Create a Home Office:
Nowadays, an increasing number of companies are giving their employees the option
to work from home and thus, creating a home office really can add value to your
property. If possible, set aside a room or space in your home and convert it
into a home office area. Add simple, inexpensive furniture to achieve the look
– add your computer/laptop and a phone line socket as the finishing
touches.
In
conclusion, we can say home renovations executed correctly can play a pivotal
role in increasing the value of your property and the time it takes to sell.
Whenever you decide to sell your home consider following some of the points
above to get a better response from buyers.
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