15 Reasons Why You Should Renovate Your House for Property Value
Renovation projects update your home, increase its value and make it appealing for potential buyers. There are a number of things an owner can do depending upon what the market dictates.
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Attracting a Higher Price
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Attention to Detail Shows House is Cared For
Simple fixes like working on the lighting of a home not only cast a new light on the home but also show the level of care given to the home. Buyers notice the little items and it’s important to show those without having to tell buyers all the facts. Washing windows can spruce up the house in a hurry.
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Items You Love but a Home Buyer Might Not
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Cover Up Wear by Repainting Walls
The paint on walls gets chipped through the years or maybe you’ve got crayon marks from kids you’ve wanted to clean up. Replace those holes in the wall from hanging items by painting. Experts suggest using neutral colors when painting rooms. For tips on painting check out our resources. Or update an old popcorn ceiling.
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Replace Outlets and Switches
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Trimming Shrubs, Cleaning Gutters, Painting Entry Door Make a Home Welcoming
Renovation around the house doesn’t have to mean tearing down walls to expand a living room. Take care of the outside of the house with small projects like painting the entry door, trimming shrubs or cleaning gutters because the outside of the house is what buyers will see first. These fixes can add instant curb appeal.
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If you’re selling an older home, updating appliances, roof, furnaces and water softeners will help buyers get over the age. Some buyers enjoy the charm of an older home but they won’t like the headaches associated with aging appliances, roofs, furnaces or water softeners. Do them a favor by having those items updated to alleviate any reservations. On the fence about a new furnace check out these guidelines.
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Add a Deck or Patio
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Expand Garage Space
Adding additional garage space solves immediate issues for two-car couples. The garage is an important space for any homeowner and not all homeowners have the same type of vehicles. Make sure your garage can accommodate vehicles large and small yet leaves space for other items like a snowblower or lawn mower. The last thing potential buyers want to think about is how they’re going to cram those items in the garage. Check out ideas on expanding a garage.
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Updating Kitchens can Whet Appetites
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A Finished Basement Increases Value
An unfinished basement can save money on buying a house but a finished basement instantly adds value to the home. The amount of added useable square footage comes at a lower cost usually than an addition. Plus, the space can be reimagined for uses by the buyers. Finishing a basement can be a daunting task but do your research with our tips.
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Rip up Carpeting and Install Hardwood or Laminate
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Smart Devices for Appliances for Plugged in People
Don’t want to get up to see if something is left in the fridge, there an app for that, at least a fridge with a camera that allows you to check on the contents. Mom or dad no longer have to answer complaints that there’s nothing to eat in the house, kids can check for themselves. Some smart fridges work as the digital hub for the family with a calendar, much like the traditional space does. Don't want to dip into digital? Check out ways to make your fridge run more efficiently.
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Incorporate Age in Place Design
For those looking for a home they can settle into to, adding aging in place items can be a good renovation project. Many of these items like grab bars have taken on more elegant looks in recent years. It may take a little getting used to having dishes in lower cabinets but it’ll pay off in the future.
Originally Published: September 15, 2017