Renovating your home can attract buyers at a higher price, without you having to shell out that much. Oftentimes, buyers want to purchase homes that are attractive and livable. To get the most out of your property, it is best to look at the details and figure out which renovations can present your home as desirable as possible. As a rule of thumb, it is essential to get a $2 return for every $1 invested in improvements. Here are certain areas in your house that you can renovate to add value to your property.
Garden. Cleaning up the garden and adding plants of different varieties can increase the value of your home. Keeping the exterior clean and repairing outdated bricks and fences will ensure that your property is giving out a good first impression to buyers.
Paint. Probably the cheapest and easiest way to increase the value of your property, painting walls and trimmings can provide your home added value. Seek expert advise on finding the best colour scheme. DIY painting is a popular way to attract home buyers nowadays.
Floor. Being the largest visual area of your property, floors should be presented to attract home buyers by keeping it clean and inviting. You might want to consider removing old carpets and polishing flooring, or install new carpets to add value to your home. Linoleum can also be used as it can be cheaper than carpets, but provide you a wide range of options – such as timber finishes and tiles.
Lighting. Take advantage of natural light. Properties that let light in are often preferred, as it is not only cost effective in electricity savings, but it provides a natural ambiance. Make sure that all lights in the house are working, and replace worn out bulbs with newer ones.
Bathroom and Kitchen. Make your kitchen presentable. Paint existing cupboards and replace old and worn handles. These simple details can turn off potential buyers. Similar to the kitchen, small changes to your bathroom can be crucial for home buyers. Change the tap heads and replace old tiles.
Attention to detail is key for adding value to your property. Put yourself in the homebuyers shoes. What would you want in a property? What do I look for when purchasing a home? Answering these questions can help you get the most out of your property making it more livable in the most affordable way possible.