House Renovation Solution to Increase Home Value
- By : Sarah
- Date :
Things change with time and so does the house you built/purchased with so much dedication and affection. Maybe it has lost its appeal over time and now is crying out for a trendy makeover – something that will make living here as exciting as it was in the beginning. Even in case you want to sell it off, how about renovating it to increase the value manifold? Sounds like a great idea, right..?? Well, before you jump onto hiring one of the best home advisors there are, read these home remodeling tips to get a good idea of what will work the best for you.
1) KITCHEN:
Surprising as it may sounds, Kitchen is the single most important room in the home relating to valuation. So much so that it has the power to make or break a deal. A modern and modular kitchen is the sign of high taste and adds much to the positive perception of the property.
Fit your kitchen with new appliances, modern cabinetry, and proper lighting and you have something for your customers to say Wow. One way to keep the cost down without sacrificing the quality is to opt for readymade cabinet instead of ordering a custom one.
2) FIXTURES:
Would you like to buy a house with an old and outdated looking kitchen? Of course, not! Not at the premium price at least, for you would have to spend a large sum to renovate as per your liking. And with people wanting ready-to-move-in house, unfashionable and worn-out kitchen will push them away sooner than you realize.
Think of updating or replacing your cabinet hardware, countertops, light fixtures and faucets. You can even go for pot lights which are very popular especially in open concept style homes. These changes, seemingly small, can give your house a big uplift both in terms of look and value.
3) FLOORING:
As a child, I used to notice and differentiate houses in my neighbourhood based primarily on their floorings. Flooring is indeed a very critical aspect of your house and a great reflector of your taste and class. And having sleek and trendy flooring, kind of give you a license to quote, and receive, a higher price for your house.
Can’t decide what flooring would be ideal for your house? Go for hardwood floors, or refinish the one you already have. For the bathroom, tile will always be in demand and retain value exceptionally well.
4) BATHROOM:
You wouldn’t believe the influence a pleasant bathroom, or a set of bathrooms, has over striking a house deal. Give customers a set of great bathroom and kitchen and they will find ways to justify the price they will pay for the house. Yes! They are so influential.
Add a three-piece bathroom to your full bathroom, or maybe in the dead space under the staircase, and get ready to see a dramatic rise in the market value of your home. As an added tip, use glass for the shower to make the bathroom feel more spacious.
5) AN INCOME SUITE:
Having an income suite in the property someone purchase helps a great deal with mortgage payments. Moreover, it also generates a steady source of income to serve you long after the mortgage is over. This is why many buyers don’t mind paying even a higher price for a property with an income suite or two.
It’s great if you already have an income suite in your house. In case it’s not, think of building one in your basement or add another floor to your house for the same. Trust me, you will reap a very high reward for this extension.
So what are you waiting for? Hire a certified house builder with these innovative and rewarding ideas and witness the value of your property skyrocket. Even in the worst case scenario, you can expect to get 5 to 6 times of return on your investment.