Thursday, December 2, 2021

5 Changes You Can Do To Increase Value of Your Residential Property

Property Updates

Remodeling, repainting, or installing new fixtures can increase your property value. If you’re in the business of selling homes for profit, this is one of the best methods to increase value of property.

Invest in indoor systems
Having good indoor systems will give your customers reassurance that they will not need to make their own repairs or pay for one. Especially with old homes, try to check the plumbing and electricals, repair leaks and fix clogs. You can also update the whole system; the investment will be worth the comfort of the home and will increase your property’s price tag.

Create space
Maximizing your space makes your home even better and bigger looking. It doesn’t even have to be expensive. Clear some clutter littering unused space. You can then use the available space for other things. Construct it into a home gym or office or play area.

The attic can be used for other things too and not just for storage, you can even put another bedroom there or a library or a reading nook.

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Hidden spaces like the bare wall or under the stairs can be converted into creative space or hidden storage for your cleaning tools, shoes, bedding and extra pillows. Your pantry can be a creatively done shelving unit utilizing nooks and crannies of the kitchen. Then you can store your grains and your dry seasonings there.

Add more bathrooms
The new trend now is on bathrooms. Adding an extra bathroom is an upgrade worthy investment however if you don’t have the capability to do so, you can have the option of remodeling and upgrading your current one instead.
Buyers now are more into the comfort and ambiance of bathrooms rather than a modern and shiny or rustic and homey kitchen. A bathroom is a big boost on your numbers and even a half-bath can give much influence on your property value.

Improve your existing bathrooms by giving them a facelift, renew the flooring and fixtures, repaint, and add in a good hot shower system. These simple upgrades will also add a significant value to your property.

Outdoor upgrades
Replacing the front doors, sliding doors, garage doors, and even your windows can go a long way to improve your curb appeal of your home. Make over to the exterior of your home by cleaning, repairing and/or repainting these fixtures to make it look new. Investing on good landscaping by adding walkway lights, trees, and mini ponds to your garden can make your property twice as desirable to your potential buyers. Don’t limit your landscaping at the backyard but also in the front yard.

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Improve Your Kitchen
Just because bathrooms give higher appeal doesn’t mean you should neglect the kitchens. Repainting or re-varnishing your kitchen cabinets is the least you can do to give it a fresh look. You also need to replace dripping faucets and stained kitchen sinks to make the whole kitchen look and feel new.

The simple updates will give your house a new flair and will give it an air of newness. It also serves when you sell the house. You have a lot of good reasons to tell your prospect buyers why you’re pricing your property a lot more.

Remember that these are all investments and worthy investments at that. The costs will always be a small fraction in the increase of value that you can put on your property.

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