First-time homeowners usually upgrade their home after a year or so. They do so by expanding the bathroom, adding a walk-in closet or installing a room for a new baby. While some upgrade and update their home for their satisfaction, others do so to increase the value of their home for resale.
This 2021, real estate trends are climbing up and remaining strong. Moreover, statistics show that we are at the center of the third- biggest housing bang since 1913. So with US properties increasing value to 53%, can you now hear the cha-ching of your bank account?
But we don’t just want to sell, right? We want to sell at a reasonable price. So read on as we discuss three easy ways to increase the value of your home.
1. Inspect your home.
You cannot fix and upgrade your home without knowing first what’s broken and needs fixing. If you are knowledgeable about the ins and outs of houses, you may opt to do it at home, but it is always advisable to let the experts do it for you. An inspector may see something that you do not think is a big deal or needs immediate fixing.
So do not put off and shrug off small repairs as ignoring them might lead you to more expenses. Buyers are also critical when checking out a house, as they do not want too many additional costs once the house becomes theirs.
Most people hunting for houses on resale check out the kitchen and bathroom first. You ask why? It turns out according to a survey; renovations and updates done on these two rooms are most impactful to buyers- these rooms being the most used and get dirty the most. Upgrades need not be costly and drastic. You may increase home value with kitchen floors that are clean and shiny, you may also opt to retile it to make it look new and fresh.
You can also hang curtains to add color to the room. A clean looking sink will always get big thumbs up from buyers, especially those fond of cooking.
A bathroom upgrade may consist of a new bathtub to give that luxurious feel. If you think your bathroom needs an extra oomph, consider tile accents and repainted walls.
It is also a plus in the bathroom if there are a vanity area and bright lighting. Especially for millennial ladies, these bathroom upgrades are sure hits.
Paint to a house is like makeup on a woman. Just like makeup, paint gives the house a more beautiful appearance. An old looking home can be given instant “facelift” by repainting it so make sure to invest in some paint if you are thinking of putting up your house on sale.
Don’t focus on the façade, though. The paint inside is also as important as the correct paint color can make the rooms look bigger and brighter.