5 Improvement Ideas To Boost Your Home Value
Home remodelling is a big task and it is worth putting all your efforts to give a new look to your house for potential buyers. Apart from being beneficial to homeowners, these enhancements offer a good return on investment.
We offer you a couple of tips which will surely increase the value of your house.
Reinventing a room
Adding an extra room to your existing house can be incredibly expensive. Creating a room in a restricted area is a challenging task because making space from the limited area can give a cluttered look. So, why not reinvent the existing space to save money. Turn your basement into a big hall for those big family functions and get-togethers or convert the roof space into a bedroom. Before demolishing the walls and rafters, think about the ways the space can be used by a potential buyer.
The heart of a house, real estate developers believe that the kitchens sell a house but at the same time they can turn away customers as well. Kitchen upgrade is a wise project but the actual return on investment depends partly on how unattractive or inconvenient your kitchen is at present. Don't invest much on deluxe kitchen. The style, size and the quality of the kitchen should match with other rooms. It should not give a feel of a fancy restaurant kitchen. Install a new sink and faucet; replace the cabinet fronts, fix a new gas burner and chimney and, if possible, change the flooring depending upon your budget.
If the house has only one bathroom, then one can recover a large part of investment by adding another one. When it comes to finding room for an extra bathroom, try using the underutilised space. Areas under the stairs or any closet make for a good option. Don't go for any high-end upgrade like bath tubs or fancy fittings. The cost of adding bathroom largely depends on accessories you want to install.
For a potential buyer, first impression is the last impression. It is advisable to replace the wooden main door with a fancy steel door. In comparison to wooden doors, steel doors are sturdy and require less maintenance.
If the house lacks basic insulation and has old windows and doors that let ample of cold and hot air in, it's time to make way for new fixtures. Updating the home to save energy doesn't cost much and act as a safe bet for highest return on investment. Seal those cracks, fix the wires, mend gaps around sockets and light switches.
Apart from the major remodelling projects, one should not forget the basic updates. Keep the house paint fresh, check plumbing, replace electrical wiring and fix the roof when it leaks. A buyer will also see these minute things while purchasing a property. Make sure the house should have all the modifications done much in advance.