Our Real Estate Blog
If you're planning on selling your home in the coming years, now is the perfect time to start making home improvements that will increase the value and demand of your home once it's on the market. Increasing the market value of your home, however, isn't just a matter of replacing old appliances or dressing up rooms to look more luxurious. Follow these five expert tips on how to increase your home value without wasting time or money on projects that won't pay off.
Paint everythingOne basic improvement that will almost always pay off is a fresh coat of paint in each room of your home. It isn't a very costly improvement, and it can both clean up and modernize rooms that are in need of an update. Remember that your walls make up the majority of what buyers see when they walk through your home. The wall paint makes up the big picture that all of the small details of your home fit in, therefore your paint colors should be chosen to fit the style of the home and the time that we live in. Avoid colors that are too dark or too blindingly white. If you're at a loss for which colors you want to use, try out a free color palette creator online to experiment with different schemes.
Door replacementAs a new home buyer approaches your home for the first time their eyes are going to be locked on the door. Take advantage of good first impressions with a quality door. One that compliments the exterior color of your home will do wonders to improve the overall appearance of your home. Aside from their aesthetic value, doors also provide insulation and security. Choose a door that is EnergyStar certified to keep the heat in, but also make sure it has top rate locking mechanisms so the next family to live in your home feels safe.
Increase storage spaceStorage capacity is highly sought after in the house market. No one wants to drive to a storage container just to get their belongings. Having all of your property in one place makes things less complicated. Increasing storage space can seem difficult or impossible, but there are a few tricks that will help convince potential home buyers that they won't run out of room. Here are four of our favorites:
- Install storage beds in the bedrooms
- Buy a kitchen table with a storage cabinet
- Put a bench in the mudroom that has storage inside
- Install cabinets in your garage or shed to take advantage of unused vertical space
Kitchen and bathroom makeoverTwo rooms in your home that will attract the most attention are the kitchen and bathroom(s). The kitchen has endless opportunity for upgrades. Installing a new sink, cabinets, and a hanging pot rack can all give your kitchen a modern makeover. In the bathroom, surface level upgrades like a new toilet seat and shower curtain and bathroom mirror go a long way. Upgrading an old bathtub, shower head, and toilet are also great ways to increase the value of the room. Keep in mind energy efficiency when purchasing any of these items. Know the neighborhood Determining which home improvements will most increase the value of your home is dependent on many factors, including the neighborhood you live in. It is possible to "over-improve" your home to the point where it looks too luxurious next to your neighbors' homes. Ask the experts--real estate agents and contractors--for advice about improving homes in your neighborhood.
Bathroom renovations can be costly, particularly for home sellers who lack the skills and know-how to perform bathroom repairs on their own. Fortunately, there are many effective ways to revamp your bathroom and give it a distinct look and feel. Here are three tips that you can use to reinvent your bathroom on a budget: 1. Give Your Cabinets a Facelift. Drab, unattractive bathroom cabinets can be a major eyesore, particularly for home sellers who are trying to generate interest in their residences. Conversely, you can replace the hardware for your cabinets and sand, prime and paint these cabinets without having to worry about breaking your budget. New cabinet door knobs and pulls can help you transform bland cabinet doors into dazzling ones. Plus, it often is easy to replace cabinet door knobs and pulls, and you may be able to remove and install new cabinet door knobs and pulls in only minutes. Furthermore, you can sand, prime and paint cabinets to with ease. This will enable you to give your cabinet doors an eye-catching appearance quickly and effortlessly. 2. Replace Cracked or Broken Tile. Even a single cracked or broken tile can impact a homebuyer's decision to purchase your home, and you'll want to ensure that every tile looks great before you get ready to show your residence to prospective buyers. Replacing cracked or broken tile will require you to break up any loose tile with a hammer or cold chisel. Then, you'll need to clean the affected area, apply mortar to the new tile and set it in place. Also, don't forget to use a grout sealer to ensure your new tile stays in place. By doing so, you'll be able to make the tile in your bathroom look as good as new. 3. Add an Awe-Inspiring Mirror. Who says your bathroom mirror can't blend form and fashion? With a stunning mirror, you can give your bathroom a hip, chic look, one that may help your home stand out from others in a highly competitive real estate sector. Of course, you always can keep an existing bathroom mirror in place and transform its appearance with moulding as well. There are many kinds of moulding at your disposal, giving you a variety of options to choose from as you search for the best way to enhance your bathroom's appearance. No bathroom would be complete without an outstanding mirror. And if you dedicate the necessary time and resources to complete bathroom renovations, you should have no trouble adding an exquisitely designed mirror or using moulding to improve the appearance of your bathroom's existing mirror. Bathroom repairs, like many home improvement projects, can be tricky. However, your real estate agent may be able to help you figure out which repairs are critical to help you improve your chances of a quick sale. As such, you should consult with your real estate agent before you embark on any bathroom renovations to ensure your repairs will enable you to boost the value of your residence. Use bathroom renovations to make your home more attractive to homebuyers, and you may be able to give homebuyers another reason to consider your residence.