Whether you’re looking to sell your house now, in the near future or much later down the line, improving its value is not a bad thing. Making upgrades means you get to enjoy them for now, and when it comes time to sell your house, it will be worth more money.
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[ctt template=”4″ link=”U8MfE” via=”yes” ]You can appeal to homebuyers and improve your home's value. Making upgrades means you get to enjoy them for now, and when it comes time to sell your house, it will be worth more money.[/ctt]
However, home improvements don’t come cheap, and in these cases you do have to spend money to make money. But putting money in now could mean rewards later on, since you will boost your home’s value and will be able to up your asking price. If you have adverse credit, you could get a debt consolidation loan for bad credit which would save you money on interest and free up extra cash. Otherwise you could get a personal loan or even remortgage, or just use your savings. It’s usually worth it since you will get the money back you have spent plus more. Here are just a few things that homebuyers love, and would be worth considering if you’re planning on upgrading.
Paint It Neutral
Neutrals are inoffensive and appeal to just about everyone, painting your home in neutrals creates a blank canvas that people can easily imagine themselves in. It makes your property look spacious and bright and isn’t distracting. Neutral decor makes any home look ‘move in ready’ which is something that buyers are willing to pay extra for. White, magnolia or light grey are all good choices.
Build an Extra Bathroom
Busy family life means that buyers generally look for houses with additional bathrooms, so if yours only has one, you could consider adding another. You could transform a downstairs cupboard into a small toilet, or add an ensuite onto the master bathroom. You don’t need a huge space to do this, a stand-up shower cubicle and small sink with a toilet is all you need.
Focus on Flooring
Hard-wearing flooring options like wood or natural stone look luxurious and are something buyers will want. They suit any decor, they are easy to clean and are long lasting too. Once they’ve been put down, it will be a long time until it needs changing again.
Add Off-Road Parking
Many streets were built at a time when cars were less popular. Some very old streets in particular can be very narrow, and parking can be a nightmare. Most of us will want a home that has off road parking since it makes home insurance cheaper and there’s less chance of our car being hit or stolen. So one thing to consider is a driveway or garage. If you have a lot of space at the front of your home it should be simple enough to do, call in a specialist company for a quote. In some cases you might need to sacrifice your front garden space for this, so work out if it’s worth it and the kind of value you’re likely to add.
Upgrade The Kitchen
If a brand new kitchen is out of budget, another option could be to upcycle what you already have. Simply switching out the cupboard doors with new ones can give your kitchen a new appearance at a fraction of the cost. Laying down vinyl is inexpensive and can cover things like chips or cracks in the floor, and replacing an outdated tap with something more modern is a quick way to bring the overall look of the room up to scratch.
This is a contributed post.
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