Raising The Value Of Your Home With Renovations (That Won’t Need A Lottery Win)

There are so many reasons for selling your home.  Whether it’s to unlock capital for another home or you need to raise some of the equity in your home to cushion against adverse financial conditions or you’re starting a business.

 

Whatever your reasons are for wanting a sale, making sure that your home gets to put its best foot forward can potentially add thousands of dollars to its resale value, and it doesn’t have to cost an arm and a leg either.  Here are 3 great ways to improve the value of your home.

https://www.pexels.com/photo/workman-screwing-window-frame-during-housework-5768107/

 

THE EXTERIOR

 

It should go without saying, but just in case we’ll say it again.  First impressions count.  They count for humans and they count for your home too.  Research from Princeton University reveals that potential buyers have made the initial decision whether to purchase or not within a tenth of a second.  Furthermore, 87% of buyers said that they relied on photographs when house hunting.  So following that logic, paint, paint, and then paint some more.  This is one area where you can stand to spend a bit more on so even if you can’t afford a professional painter, invest in some decent paint and then do the job yourself.  Also consider the state of your garden, swimming pool, pathways, and paving. If you have broken patio furniture or untidy flowerbeds then get them repaired.  There’s a popular saying in England: “an Englishman’s home is his castle”. Consider that when thinking of what you’re planning on doing to your castle.

 

INTERIOR

 

Conduct an audit of each room and living space on the interior of your home.  Make a solid list of what needs repairing, replacing, or touching-up.  Work through this list until each job is complete and while this may take you a little longer than what you were aiming for, simple adjustments like replacing worn or dirty carpets with rugs or repositioning furniture to hide spills or wear show a sense of pride in your home.  You don’t have to be a billionaire to create a harmonious and fresh living space and potential buyers will sense it.

 

NICE TO HAVES

 

If you live in areas where heat is an issue and your home doesn’t have air conditioning or other climate-controlling facilities, then this is an area you want to divert a decent amount of your resources to.  Consider that if you’re looking for another home in the same area, how nice it would be to have air conditioning or cooling systems, especially since you know what it’s like to not have it.  Then think about what’s going on inside the mind of potential buyers.  So, think about finding a service that offers  heating and cooling in my area, and you’ll be on your way.

 

Property remains one of the best ways to create wealth and a legacy and so it’s worth taking on improvement projects as you can afford them instead of then you have to afford them but always remember that if you’re not particularly skilled in remodeling or renovating work, there are some projects that don’t “DIY” very well.

Make The Most Of Your Home

It doesn’t matter if the home you have was in great condition when you bought it: to make it truly feel like your own home, you’re going to need to make it feel like yours. The good news is this part of the fun and you will take everything in your four walls and garden and make it completely your own.  To get the perfect home, you’re going to have to follow just a few simple steps, and here below we will have a look at what makes this the easiest way to go ahead:

Photo: Pixabay

 

Have A Plan

 

Above all, it’s important that you go into the process of transforming your home with your very own plan. Ask yourself what you want you want your home to look like, how it should be themed. Each room should have its own style, but there should be a specific style to your home. Take a look at some of the best interior design blogs that are out there and wait for inspiration to strike. Then, see how you’ll incorporate your ideas into the shape, size, and style of your house.

 

Create A Budget

 

If we had millions in the bank it would be easy to create the perfect home but not many of us have that luxury but it doesn’t mean we have to settle. Figuring out a budget for your decor will let you understand what can be done and you can then keep track if something is over budget, or rejig ideas and plans and go down a different route if needs be. Whatever you decide to do, you’ll need to have some cash, so look at a loan or dip into the savings. 

 

Think Long Term

 

It’s easy to get carried away with what’s in style right now, but it’s also important to remember that you’ll want to live in this home for a long time and the future may come with design trend changes and you may not find it perfect in the years to come.  

 

Extra Attention To Key Areas

 

You won’t get everything about your home exactly right first time and you may need to look at some structural changes and changing up your room design to get the most out of your home. You may need to look at buying the equipment yourself, if the renovations are simple, but it may just be that you want to put up some new artwork, you may want to look at drywall screws and different types of hooks you may need.

 

Don’t Forget The Fun 

 

Finally, don’t forget to add the fun and enjoy what you’re doing as after all it is an exciting prospect! Having a home that looks great will be amazing, but in this modern age,  adding the fun factor will be important too. Look at including things like a surround system, cool reading nooks, or even a man cave or similarly entertaining room will make sure you’re never bored in your perfect home.

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