Home Improvement Tricks That Will Boost the Value of Your Property
Even when you have plans to stay in your Deptford home for several more years, there are actually great ways that you can add a good bit of value for when you are ready to sell. Besides, owning a home isn't just about its resale value. Adding value to your home means better collateral and more options in refinancing. People are taught early on in their lives that the greatest investments are their houses. It's vital that owners always view them this way and treat them accordingly!
Putting money into renovations that boost the overall value of your home is a smart move. However, not every home improvement project works to increase the value of a home, so it is important to consider which projects are right for your home before undertaking them.
Here are projects that have passed the test of time and that are sure to add to your home's value no matter where you live.
Add More Rooms
Do you wan to see the value of house shot up like greased lightening? Put in a new bedroom or a bath. Even though two houses on your street can be identical, a house with three bedrooms and two bathrooms will definitely be more worth than a house with two bed rooms and one bathroom. Homes with more rooms accommodate more people, and offer more space, so they are naturally worth more.
One way to achieve this feat is to add the rooms as extensions to your existing home. If you don't have enough space on your property, you can always convert one large room into two small rooms. Either process will add value to the home.
Remodel The Kitchen And All Bathrooms
Potential buyers will often want to buy a home right away or not buy it at all upon looking at the kitchen and bathrooms. The most popular kitchens these days are those that are open plan with stainless steel appliances, new cabinets and granite counter tops. A kitchen remodel can be expensive, but a worthy investment in the price of a home you are considering selling.
Bathrooms, while not as important as the kitchen, still play a pivotal role in a home's value. New tubs, adding a sink, and placing additional storage into a bathroom can attract a lot more interest from buyers. A well done bathroom will also help to increase your happiness. It's a room we have to spend a lot of time in, so we might as well enjoy it.
Update the Electrical, Heating and Plumbing
Plumbing, electrics and heating updates aren't as exciting as fancy new renovations. However, updating it will prevent a lot of things such as leaks, and it will increase your home's value. This is particularly true when it comes to older homes, many of which have copper pipes or gas heating. Some locations have actually make copper piping illegal in homes, so the owners can get assistance with a plumbing project.
There are also a few minor renovations you can make, such as putting in new windows, house electrical rewiring, adding plants around your home, and having the roof replaced. These ideas will all put you on the right track, though there are other home improvements that can be helpful as well. Adding rooms, renovating the kitchen or bathrooms, or updating the utilities will add value and enjoyment in a home for years to come.
Best of luck with any renovations!