Are you looking for ways to sell your property and make a good return? To do it, you’ll need to put quite a lot of thought into a successful renovation. Because if you need to increase the value of your home, there are various things you should factor in.
You can renovate each zone or room in your home in different ways. Often, the hard work starts with knowing where to begin.
What’s also important is that how you renovate can add higher value to your property. So, if you want to know the key ways you can increase the value of your home, this is the article you’re going to need.
Here are five ways to increase value to your home.
Adding value with bathroom renovations
If you’re starting with the bathroom, keep in mind that this is a key area that adds appeal to your home for house buyers. Extra attention to detail is important here, and there are different ways to add value by renovating a bathroom. Tiling can add class, smartness and value to your home. It’s an efficient and cost-effective way to up the price of your property.
If you’re considering re-tiling and you have enough expertise to do it yourself, get to work and start adding value by getting a smooth cut with a tile saw. If you have never renovated a kitchen or bathroom, now’s the time to consult the experts.
Repurposing the bathroom vanity is another way to add value. You might repaint or re-varnish it to make it look brand new.
Value with kitchen upgrades
Nothing sells a home faster than a kitchen upgrade. They take a home from being ‘bland’ to giving it a very desirable appeal. But kitchen renovations can be particularly expensive, which is why careful decisions are essential when renovating a kitchen.
If you’re renovating a kitchen on a budget to add value to your home, why not try to:
- Replace the cupboard handles and doors
- Avoid investing too heavily in overly expensive fixtures, and
- Consider re-tiling your floor without breaking the bank
Even though a $5,000 kitchen renovation should result in a $10,000 increase in your property, following these steps will help you to save more money.
Restructuring your living spaces
Depending on how you do it, revamping your living space will help you earn a healthy return on your investment. A loft conversion, for example, is a great way to increase the value of your property. This will require you to transform your attic space into a habitable living space.
Or, if you have a separate space that you don’t use, such as a basement, this is another good candidate for restructuring your home. Finishing the basement or adding a bedroom will make the space much more attractive to buyers.
So, extra bedrooms are a huge selling point that shouldn’t be overlooked. But if you’re unable to access the funds to take on this type of project, consider redoing your existing bedrooms – cleaning the carpets and repainting the walls are easy and less expensive ways to help increase your home’s value.
Fix minor imperfections
A loose tile. A chip in the paint. These are some of the things to watch out for when trying to increase the value of your home. Fixing these minor imperfections can increase the overall appeal of your home.
Repainting your living room or bedroom doesn’t cost much. It’s an instant way to appeal to prospective house buyers. There are a few other imperfections to watch out for. Over time, your home might have had some wear and tear, such as stained carpets, dirty baseboards or plumbing that has a fault.
And If you’ve got a dripping tap, fixing it isn’t too expensive. So always consider amending those minor imperfections because a buyer and appraiser will notice.
Focus on the flooring
The floor is an integral part of your home. It’s important for adding a little panache to your property. If you have wooden flooring that has endured a little depletion, now is the time to consider upgrading it.
Though you might assume so, this doesn’t require a complete replacement. Get your hands on an orbital sander and use it to remove the top layer of the flooring. Finish off the job by varnishing the wooden floor to get it looking spick and span.
Adding value to your home
Your plan to reap a return on a home property investment won’t be easy, but there are ways to simplify the job. Keep in mind the importance of:
- Fixing those small imperfections or flaws
- Renovating your kitchen and bathroom without overspending, and
- Considering a structural change to your home and adding another bedroom
Once you’ve finished, you’ll begin to see the fruits of your labor. So start renovating your home to begin adding value to your property.