Many homeowners were to add a better curb value to their home by performing remodelling. It is very tricky however to understand the types of remodelling that will have the most and least benefit to the curb value of your home. In order to avoid spending extra money, it is important to consider some inexpensive ways to improve your home that can drastically increase your value. In this article I will explain some of the best and worst improvements that you can make your home so that you can avoid spending excess money and get more curb value for your renovation dollars.
The best ideas:
Small exterior improvements
First impressions are everything. As a perspective buyer pulls up to your home, it’s very important that your home looks presentable on the outside. Something as simple as throwing a new coat of paint on your house, regularly cutting your grass or even putting some new mulch in your gardens can drastically improve the current value of your home.
Updating kitchen countertops and cabinets
Cabinets and countertops can do wonders for making it kitchen look brand-new. Rather than redoing your entire kitchen, you can find some inexpensive neutral color countertops and cabinets that will make your entire kitchen look brand-new and very modern.
It all starts with the bedroom
The master bedroom is a very important piece of the house. Rather than pouring money into each individual bedroom, focus on the master bedroom. Adding in touches such as an electric fireplace, a fresh coat of paint or showcasing accents like a private balcony off of the master bedroom, or a roomie en suite can all help you convey more luxury and curb appeal for your master suite.
Outside seating: using your exterior space wisely is important. If you can find a used patio set or even an inexpensive patio set you can make it seem as though there is an entire space outside that is livable which can only work to increase the value of your home.
Renovating empty space
If you can renovate your basement or an attic, this can work to increase the square footage of your home which will drastically help you to improve its value. This can be an expensive endeavour but will pay off in the money that you see in the sale of your home.
The worst ideas:
Replacing a roof: if the roof is structurally sound do not bother redoing a roof. This can be one of the most expensive fixes on a home and will only cause you to lose money in repair bills over the value of a new roof in a home.
Custom touches: most homebuyers look for a neutral home that they can see themselves living in. By creating an environment in your home that is similar to a model house you can work to appeal to more potential buyers. Custom designs in your home are only ways that you will eventually lose money in construction costs. These are custom fit to your tastes and not someone else’s.
Putting in a pool: while it is nice to have a pool, they are quite expensive than the total cost of one is nowhere near the value that it will add to your home.
New built-in technology touches: the rate the technology is changing today, any technology or appliances that are integrated into your home may need to be replaced in just a few years. The cost of this new technology will be nowhere near the amount of money that you will get back in the sale of your home.