If you want your property to become worth more than what you initially spent for it, you can do some renovations. When the time comes that you want to sell it and you list it under properties and land for sale on Gumtree, people would consider your property. If they like what they see, then you’ll profit.
Here are some tips for you to increase the value of your property:
The simplest thing you can do is to clean your property. This doesn’t mean just vacuuming the floor and sweeping the dust clean but removing stains and organizing everything clean. Dirty and smelly houses will never be appealing to anyone. So, make sure that your property is spic and span when people come over to check it out. Here are some things you need to do:
- Pick up the garbage and have a designated spot where you place the trash.
- Vacuum the floors.
- Scrub any stains.
- Remove the molds.
- Always do regular cleaning so the dirt won’t pile up.
- Deodorize any rooms that are smelly.
Upgrade the Kitchen
The kitchen adds a lot of value to the property if it looks clean and new. The costs to renovate a kitchen will depend on how you do it. You have the option to make a few simple updates such as changing a few of the appliances and some of the hardware and fixtures. You can also completely replace everything. To do so:
- Change all the appliances.
- Replace the faucets and the sinks.
- Install new cabinets and handles.
- Change the countertops.
- Get better lighting fixtures.
- Install new flooring.
Upgrade the Bathroom
Like the kitchen, the bathroom is also one of the rooms that make a massive impact on the property of your home. Both are common areas where the members of the family spend a lot of time. To upgrade your bathroom, here are the things you can do:
- Replace the toilet, sink, and bathtub.
- Get new shower fixtures and faucets.
- Add stainless steel bars.
- Replace the stained floorings.
- Fix the old plumbing.
- Add a vanity.
Add Curb Appeal
First impressions matter. The outside of the property is the first thing potential buyers see when they check out your place. If it looks great on the outside, then you get to capture their interest, and they’ll be more willing to see the inside. If they don’t like your property at first glance, it may already affect their opinion of the other areas of the house.
To add curb appeal, here are a few tips:
- rim the bushes, mow the lawn, and cut any overgrown trees.
- Add reclaimed wood benches on the deck.
- Paint your front door.
- Remove fallen leaves and trash.
- Do some landscaping.
- Plant more flowers.
- Add some outdoor lighting.
- Update the pathways.
Add a new fresh coat of paint to the walls all over your house. Peeling paint is never attractive and will most likely decrease the value of your property. It’s a simple upgrade that can dramatically change the whole appearance of the house.
Paint is more cost effective than wallpaper in the long run as it can last much longer. Cans of paint are affordable enough and you can also purchase paint brushes and rollers if you need to. Pick a neutral color such as white or beige, because it’s more appealing to people than black or orange or yellow.
Add Square Footage
To add square footage, you can add more rooms and finish unfinished rooms. Adding another room will cost you a lot of money because it may involve tearing down a wall and then building everything up.
If you have unfinished rooms like an empty room you didn’t know what to do with before and so you turned into a storage room, you can clean it up and turn it into an additional bedroom or another functional space. You can also transform the garage and basement into extra living space.
Regularly Maintain and Repair
Hire inspectors to check out the whole property. Find out if there are any things that need replacement or removal. Regular maintenance and repairs will help keep the house in top shape, so the value doesn’t decrease. Always check for the following:
- Termites and pest infestation
- Formation of molds
- Electrical wiring
- Rotting wood
- Deteriorating roofs
When you’re planning to resell your home, you can do a little renovating or invest in a full-blown makeover to increase its value. It also helps in attracting potential buyers. The important thing to remember is to make your property feel more homey and relaxing, so people can picture themselves living in it.