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Home Improvements

 

B4 Realty Offers Tips for Simple Upgrades of Your Home to Potentially Increased Property Value

A home is arguably one of the largest financial investments a person will make in their lifetime. While property values over time are determined by national variables, the economy and local market conditions, the care and upkeep of a property is also a crucial element toward achieving a solid re-sell. Whether you are planning on adding more rooms to create extra space, upgrading your kitchen with new appliances or are thinking of putting your home on the market, B4 Realty offers some essential home improvement tips that might increase the value of your home.

Kitchen Makeover: Out of all the rooms in the house, these days the kitchen is the most popular to remodel. Kitchen makeover trends include adding dual sinks, cooking stations, under-cabinet lighting, warming ovens and wine coolers. An open kitchen design is preferred by most people. This may include taking a wall down and increasing the size of the kitchen. Please have a professional perform this task due to the structural integrity of the house. A simple upgrade could include new flooring, painted or re-stained cabinets, new or painted counter tops and of course don't forget the appliances. To step up to the next level could include ceramic tile flooring, and stone or tiled countertops. 

Bathroom Fixer-Upper: Upgrading a bathroom is also a sound choice and will usually provide a significant return on investment. Large bathrooms are typically on the top of the list of priorities for those seeking to purchase a home. Adding skylights, glass block windows, and sunken whirlpool baths are also attractive selling features. If you don't have the room to expand or to accommodate larger appliances, or you don't think you'll be living in your home long enough to enjoy the changes and/or see a return on this kind of investment, stick with neutral, mid-builder level updated cabinetry, or painting the old cabinets for a more simple renovation. This should include new hardware to give a complete updated appearance. Refreshed flooring and shower/tub, or a new sink and toilet. If your budget does not include a new shower or tub these can be painted to any color or design available. 

Room to Grow: Adding a room or two, such as a spare bedroom or a study, is a significant home improvement that you will be able to take advantage of every day. In addition to the much-needed extra space, it can also potentially provide you with a good return on your investment when it comes to selling the property.

Landscaping the Lot: A professionally landscaped yard can certainly increase the "curb appeal" or desirability of a home. In fact, beautifying your lawn can be one of the most inexpensive home improvements. Additional simple landscaping projects include trimming and edging the grass, manicuring the trees and shrubs to open up the view of the house, removing any dead plants and planting flowers to brighten up the yard. Include mulch in the flower beds to bring everything together. 

Repair Jobs: While many homeowners may want to update and remodel their kitchen, if the roof needs fixing or the chimney has to be reappointed, then they should prioritize these necessary repairs over any cosmetic changes. This applies to both sellers and those who plan to stay in the home for years to come, as these essential repairs must be taken care of before they cause the house to lose value. It is vital to look after the minor problems such as a leaky faucet or a loose cabinet to ensure that your house doesn't undergo any long-term damage. As soon as you notice a problem, fix it since this will help avoid a larger expense later on.

Cosmetic Touch-Ups: A paint job, new double-paned windows and new carpeting will increase the price of a house virtually dollar-for-dollar. Neutral colored paint and eliminating clutter can make a world of difference. However, don't go overboard with home improvement projects that will push a house too much above the current average value of homes in your neighborhood. It is important to make sure that your home has standards that are in-line with the other houses in the neighborhood, but you do not want to price yourself out of the market.