Add Value To Your Real Estate With These Home Improvement Ideas
Whether you plan to remain in your home for the next several decades or not, you’re going to be thinking about ways to improve the value of your home. Making improvements to your home doesn’t just pay off in terms of resale value. It also involves having better collateral and having access to the best refinancing options. A home is a person’s greatest investment in time, money and quality of life. It’s vital that owners always view them this way and treat them accordingly!
Investing in a home improvement project is a great way to increase the value of a home. However, you will need to know which projects will improve the appearance and value of the home the most.
The suggestions below have been shown to be very effective in all kinds of different locations.
If you want the value of your home to go up overnight, this method works. If so, try building an additional bedroom or bathroom. There could be two identical homes on the street where you live, but the 2 bed, 1 bath house will be worth a lot less than the 3 bed, 2 bath one. Obviously, larger homes, built for more people, are worth more.
Adding rooms is one of the best ways in which to achieve this. However, if there is not enough room to extend the house, you could alternatively convert a large room into two smaller rooms. Even if you can only add a wall, you will still be able to increase your home’s value.
Modernizing Your Kitchen And Bathrooms
Kitchens and bathrooms are two important aspects which can make the difference between securing a sale and not. The most popular kitchens these days are those that are open plan with stainless steel appliances, new cabinets and granite counter tops. If you want to upgrade your kitchen, it is going to cost you a good amount of money, but it will look so much better, especially if you are selling the home.
Another vital area of the home is the bathroom. These days it is important to have plenty of storage space in the bathroom; in addition to this, his and hers sinks, claw-foot tubs and jetted tubs are excellent selling points. If you have a well designed and fitted bathroom it also provides a comfortable, relaxing haven where you can chill and be happy. It’s a room we have to spend a lot of time in, so we might as well enjoy it.
Making Plumbing And Heating Adjustments
It may not be a glamorous thing to do and you won’t have any fabulous new features to show your friends but it is still well worth while. However, apart from increasing the value of your property, updating your heating and plumbing will help to prevent leaks and other disasters. This may be particularly important for older properties which still have gas heating with copper pipes fitted. Copper pipes are illegal in some areas, which means you might be eligible for a subsidy you can use to update your old plumbing.
There are also a few minor renovations you can make, such as putting in new windows, adding plants around your home, and having the roof replaced. There are all kinds of improvements that can increase your home’s value, but the suggestions listed above will bring you the best results. Whether an owner decides to make more rooms, update the kitchen or bathroom, or replace pipes and other parts, the home will be in better shape for years to come.
Best of luck with any renovations!