You’ve worked incredibly hard to achieve your goals, including a home purchase. It may not be perfect, but it’s yours to decorate and enjoy. In fact, there are several ways that you can improve upon your fixer upper. Explore these top six tips to boost your property value so that a lucrative sale can be in your future.
- Add Siding to the Exterior
Take a critical look at your home from the outside. It’s a fact that curb appeal plays a major role when potential buyers arrive at the property. Consider a siding installation to beautify the exterior. You can either perform the task yourself or hire contractors. Fiber cement and vinyl siding are two popular choices that are resilient to pests and weathering. By adding a siding element, you’re boosting the home’s value because it increases the home’s energy efficiency while protecting the building envelope.
- Patch up the Roof
The roof is one of the first items that people see as they visit your home. It may be a solid surface, but a few leaks can quickly become nuisances. Use patching compound that’s approved for rooftops only. A few dabs of the compound solves the leak issues and makes the roof look spectacular to visitors on the ground. If you don’t feel comfortable with this rooftop project, contact professionals so that the job is done with safety in mind.
- Remove a Wall
Taking out an interior wall may seem like a huge job, but it really makes a difference in your home value. Opening up space makes the home look bigger without physically adding square footage. This difference can make a vast improvement on your fixer upper. A darkened dining room can immediately brighten up with the removal of a wall dividing it from the kitchen. Be sure to choose a wall that’s not a load-bearing type. Professionals can help you decide on the right wall for your remodeling needs.
- Install New Hardware
It’s incredibly expensive to replace cabinets in the kitchen and bathrooms. Although they might look dated the issue can be resolved with the addition of certain hardware. Add new knobs and handles to the cabinets so that they appear new from afar. You might also polish or seal the cabinets beforehand because which can bring out the beauty of the original finish. The added hardware is a finishing touch that really makes a difference with visitors. Apply this same concept to faucets and fixtures at the sinks and swap out any older features.
- Swap Out the Flooring
Consider pulling out the old flooring and replacing it with new layers. Carpet, hardwood, tiles, and laminate are all good materials to use in the home. You can either perform the installation yourself or hire a professional. The labor will cost more, but the time factor is where the savings come in. Regardless of the installation choice, new flooring will always brighten up a home’s interior space.
- Focus on Small Enhancements
You may be short on cash as you pay off the mortgage each month. Don’t allow a limited budget to control your repair needs. Try creative, value boosters as a way to improve the property. Replace electrical outlet housings instead of rewiring the entire home. Paint your crown molding rather than making the effort across the entire wall. It’s these small details that will add value without breaking the bank. Look around each room so that the small details come to mind as you prioritize them on your to-do list.
Keep up with the repairs on your major, household systems too. The plumbing and HVAC systems must be in excellent condition in order to sell a home to the highest bidder. Your home warranty policy may even cover some of these repair costs. With a home that functions and looks spectacular, the value can only go up from there.
Author: Damien Justus