Most people want to get the best value for their dollar when doing home renovations. Let these remodeling tips help you spend less and raise your home’s value.
75% of homeowners have a greater desire to live in their homes after remodeling. Home remodeling does not only make a house more desirable, but it also increases its value.
Many realtors recommend remodeling to increase the asking price. Having some bargaining power comes in handy in a competitive market or an area with low property value, explains T-Square Real Estate.
Remodeling can be at any scale, from minor touch-ups to high-budget projects. To help you get started, here is a list of five home remodeling tips.
- Create Light and Space
The total square footing of a home has a huge impact on its value. A bigger house commands a higher value.
Although it may not be possible to make the house bigger, you can improve the use of space in the living area. Knockdown any unnecessary walls and barriers, and modify the floor plan to accommodate more room.
You can reclaim space by finishing neglected areas like the garage where you could keep this Airstream for sale.
Natural light also gives a room a sense of space. Install skylights or large windows to allow penetration of light. Paint the walls in light shades with low contrast to complement the natural ambiance.
- Work on the Landscape
Improving the landscape and the curb appeal is probably the easiest and cheapest home renovation that can increase your home’s values. The exterior gives visitors and buyers the first impression of the house; makes sure it communicates tidiness and elegance.
Take care of the lawn, garden, and flowers. Ensure the driveway has no cracks or bumps and put a fresh coat of paint on the exterior of the house. You could even add a few landscape decorations like small water features and bird baths.
- Update the Kitchen and Bathroom
Kitchen and bathroom updates have the highest return on investment in most remodeling projects.
Make an effort to replace old appliances and fixtures in the bathroom and kitchen with more advanced products. You may also need to retile the walls with glazed tiles to give the place a modern look. If the floors are outdated, redo them with modern material and create a spacious environment.
- Make Your Home Smart
Install smart safety devices and features to improve the conveniences and efficiency of your home. Think about installing automated security systems, thermostats, fire detectors, and intelligent lighting.
Most of these technologies are inexpensive and only take a matter of a day or two to put up. You could even install some of them yourself.
- Build a Deck
If your house does not have a deck, it’s a good idea to build one if you have space. You will recoup most of the building cost after sale. If you already have one, install attractive and functional features like benches, swing chairs, or a fire pit.
Decks improve the outward appeal of a house and also increases its size.
More Remodeling Tips
Before taking on large remodeling projects, there are a few things you should take into account. First, check whether some of the renovations require a city permit, or are even allowed. Also, ensure that you have enough money to fund the remodeling to completion.
Since the goal of these remodeling tips is to increase your house value, conduct an appraisal afterward to gauge the effectiveness of your efforts.
Check out our blog for more real estate tips.