Excellent Ways You Can Increase Actual Home Value
When you start to think about selling your home, you’re going to consider how you can get the best price for it. There’s two options for you to consider here. The first is to alter the perceived value of the home. This usually involves changing the curb appeal and maybe a few changes to the rooms of your house. For instance, you might style your house in a minimalist way to make it look larger. The second option is to alter the actual value of your home, and this is what we’re going to talk about today. Here are the best ways to change the actual, selling value of your house.
The first room, or rooms that you want to focus on are the bathrooms. Bathrooms are one of the most important parts of the home to the potential buyer. They will make a snap decision on whether to buy your home based on the state of the bathroom. That’s why a bathroom remodeling is probably a good idea to increase value. Experts believe you can add as much as twenty percent on to your home with a good bathroom renovation. That might include upgrading the shower or bath. Or simply laying down new tiles. Be particularly wary if parts of your bathroom are starting to look old and worn. For instance, you might need to replace the caulk as well as laying down new tiles. You can also consider adding luxury features such as a heated towel rail. This will make your bathroom more attractive to a potential buyer.
The second most important room in the home is the kitchen. Changing your kitchen could increase your home price by a quarter of the current value. In this room, pay particular attention to the flooring. It’s worth thinking about adding new, stylish flooring to your kitchen. For instance, you may want to think about using an aesthetic marble material for a stunning finish. You can also consider bigger design changes such as adding a breakfast island. An Island or bar will center the room and with the right lighting it can look stunning. It’s also worth looking at the new tech you can add to your kitchen to bring it into the modern age. One possibility is to buy a new heat induction hob for your kitchen. Heat induction hobs are attractive to buyers because they save energy and look fantastic.
Of course, if you want the best and most effective way to add value to your home, you can put on an extension. But there are two problems with this possibility. The first is that it will be expensive. You should be looking at spending as much as ten thousand on building the home extension. But the good news is that you’ll get double that on the value of your property, if it’s a professional job. The other issue is the time. A proper home extension will take months to complete. So, if you’re looking to move soon it’s not the best idea.
Any one of these possibilities could add massive value to your home. You’ll have to decide which one is right for your property.