Make Your House More Valuable With These 10 Steps
Renovate the siding
Adding siding to your home will add value, but it may not be glamorous. You have the opportunity to make a great first impression in the world of real estate. Having damaged siding will make your house appear to be a fixer-upper. Old siding sets the expectation for what potential buyers will find inside the home since we tend to judge a book by its cover. Composite siding provides a more attractive appearance and requires less maintenance. Concrete board siding is durable, efficient, and low-maintenance.
Upgrade the bathroom
Minimal changes can be beneficial because they are less expensive and often return a greater return on investment than major changes. Replace old tile, a dated tub, sink, and toilet if you have them. Keep the layout the same and you won’t have much expense. A simple way to breathe new life into a room is to update fixtures, linens, and accessories.
Redesign the Kitchen
Get creative and think about some small changes you can make to your kitchen without spending a ton of money. Rather than wallpaper with rooster images, paint the walls with neutral colors, for instance. Stainless steel appliances and hardware are some items buyers expect to see in a kitchen. Upgrade your space with new lighting fixtures. Gourmet kitchens are also popular. A kitchen is one of the biggest draws for a buyer, regardless of their cooking capabilities. A well-designed kitchen sells houses, so investing in this room is a good move.
Make rooms flexible
Is there a unique room in your house? There’s no need to give up your “special spot,” but it’s good to keep a little distance between yourself and it. It is advisable not to overdo customization if you plan on selling your home in the future. It is possible to customize a room while keeping it versatile with hardwood floors, wiring for cable, phone, and DSL, and plenty of windows. Create an area that can be easily converted into a guest suite, a studio, a family room, or a den.
Build a second floor
Your home can gain more square footage with a second floor. A second floor can make an uneven house more balanced. Flat roofs over garages can be both an eyesore and a huge waste of space. It would be possible to solve both problems at the same time by adding onto the garage. All that dead space could be turned into a master suite or reading room. As well as adding space, you’ll also significantly enhance the curb appeal.
Build an attic
Remodel your attic. Overhead garages tend to be small, dusty, cramped, and rarely utilized as storage areas. How about converting it into a master bedroom? Include as many windows as possible to let in as much natural light as possible. Other great ways to add value are recessed windows, hardwood floors, custom seating, and built-ins.
Paint is a good thing. Changing the look of your home is one of the easiest and most inexpensive things you can do. Consider getting a professional color consultant to help you if you’re unsure about your color sense. Neutral colors and classic colors are also good choices. It is important for a buyer to be able to visualize his or her items in the room, and too much customization can make that impossible. Hire a professional if you do not have good painting skills. Everything works out in the end because a bad paint job is worse than no paint job at all. Let’s add a little color to these walls and overcome our fear of commitment!
Remodel the bathroom in a big way
A master bath can be transformed from an ugly duckling to a swan by making more space–but not by adding more. If you have the extra square footage, stealing space might be a better solution. Make more room by opening up a closet, separating his-and-hers areas with separate sinks, or adding a skylight that will bring in natural light. Updating your tub and tile is another good idea.
Add a deck to your home
Summertime is the perfect time to relax on a deck with a cool drink in hand. Consider building a deck of your own! Homeowners can recoup approximately 76 percent of their investment when they add a deck to their home; however, your deck should not exceed a third of your home’s square footage. A typical deck costs about $10,000, plus or minus. In order for an appraiser to determine whether your improvements match those in your neighborhood, the No. 1 rule includes comparing homes within a mile of yours that are very similar.
The Basement Must Be Refurbished
The basement is often an empty, unattended space that is rarely visited. How can that space be wasted? Make your guests “wow” by creating an entertainment area! Your home will gain character and value by adding a bar, seating, and beautiful finishes.