If your home is dated or has a lot of repairs to be done, you might end up losing your property’s value. Making home improvements before listing your property will enable you to ask for a higher price for your property. You are also likely to have multiple offers from which you can choose the best one. Making improvements that offer a strong return on investment (ROI) can increase your property’s value many-fold. Here are some home improvement ideas that can help you make the most of your property sale.
Kitchen Remodelling
A newly remodelled kitchen is always a hit among potential buyers. Try to focus your attention on a functional layout, modern equipment and the use of quality materials. New countertops, cabinets and appliances that are energy efficient are other modifications that can increase your ROI.
Upgrading Bathrooms
Bathroom upgrades can increase your property’s value significantly. Buyers love a new, upgraded bathroom. Improvements like new fixtures, tiles, dual sinks and a walk-in shower all tend to attract buyers who are willing to pay more for them.
Energy Efficient Windows
Potential buyers consider energy-efficient windows a great investment due to their sustainability and cost-saving in the long run. These new-age windows reduce energy bills and increase your property’s resale value.
Attic Remodelling
An attic in most homes is a dusty, inaccessible and unusable area. Consider converting the attic into a usable space like a home office or an additional bedroom. This adds to the square footage of your home and increases the value of your property. Just be sure to check with your local building codes.
Exterior Appeal
The exterior of your property is often what makes the first impression on your buyer. Landscaping, updating the front door and painting the exterior can all help make your property look attractive to potential buyers.
Basement Update
If you have a basement, you may want to consider turning it into an extra living space. It can be a game room, family room or even a rental unit. All of this will add value to your property too.
Patio or Deck
Outdoor living areas are highly aspirational for many buyers. Adding a deck, patio or outdoor living space can increase the usable square footage of your property and add a lot of value to it.
Replacing the Roof
If the roof of your property is damaged or unsightly, you must consider replacing it. Doing so will not only improve the appearance of your property, it will also protect the property from damage in the future. This will be a significant selling point as the buyers won’t have to worry about roof repairs in the near future.
Adding Hardwood Floors
If you have carpets that are dirty or dated, consider replacing them with new ones. Better yet, replace them with hardwood floors. Hardwood floors are durable and easy to clean and they add a touch of elegance that is hard to resist.
Smart Home Features
Smart features like programmable thermostats, smart lighting or security systems increase both the value and appeal of your property. Your buyers are sure to appreciate the savings and convenience brought by such features.
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