Hello World! Welcome Friends! Every homeowner is hopeful that the value of their home will increase over the years. Such optimism drives investment in the property markets. Whether you invest in a new house or a fixer-upper, you always look for good returns on your hard-earned money. Homeowners and real estate investors have no control over external factors that determine house values.
However, you can influence the resale value of your house through proper care. The extra dollars you spend on upgrades can be the game-changer in a competitive market. The following are smart ways to increase the value of your old home on a shoestring budget:
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Add Extra Square Footage
Everyone wants a spacious house that can accommodate their loved ones with comfort. Increasing the size of your house is one of the smartest ways to up the value of your property. Most houses are priced per square foot. Add an extra room in the basement or attic and watch your house attract more potential buyers. The few dollars you’ll spend on a new deck or an extra bedroom will yield a good return on investment.
Remodel the Kitchen
Relocating the kitchen or tweaking the structural design can improve the value of your home. Get creative with colors when painting kitchen cabinets. Replace the worktops or add energy-efficient appliances. You can modernize the faucets and the sink. Many house buyers would readily go for a property with stainless steel appliances in the kitchen. You can add wooden floors instead of concrete or tiles. Wooden floors add a touch of elegance to your kitchen. However, make sure that all renovations are within reason and on budget. Minor yet thoughtful kitchen upgrades and remodels will allow you to recoup your investment.
Add Life Outdoors
A potted plant lining the walkways or beautiful flowers neatly arranged on the deck can accentuate the beauty of your home. Adding life to your outdoors makes your home exciting and welcoming while increasing the resale value. Many homebuyers are always looking for a lovely house with an inviting exterior. Start a garden or flower bed outdoors. Consult BCS Tree Service if you aren’t sure about the right plants to include in your garden. Always weed the plants and remove deadwood. Remove the litter and redesign the flower beds and repaint the borders.
Redecorate the Interiors
Improve the resale value of an old home by redecorating the interiors. The wow factor of your home can be added by new paint, staircase, or even chandeliers. Always be intentional and thoughtful when redecorating the interiors.
Add Efficiency and Smartness
Smart gadgets and energy-efficient appliances make your house modern and attractive. Techies and energy-conscious buyers find such houses attractive and will readily pay extra. These upgrades cost less but make your old home appealing.
Old homes have a unique appeal and design. These properties have a low valuation due to structural issues. However, you can improve the resale value of your house through well-calculated and intentional renovations and upgrades on a shoestring budget.
Click the links below for any posts you have missed:
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Toodles,
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