The Home Renovations That Will Most Increase Your Selling Price
Once you committed to selling your property, the first and most important thing to focus on is always the return on investment. You want to get the best price for your home. This also means that you might have to make a few changes to your home, do a couple of upgrades or even to get rid of features that might compromise your asking price.
It is important to do your homework before you start a project like this. The logical thing to do is to look at the changes that would most increase the value of your home. The smaller changes and up-grades can be left for the new owner to take care of.
Below a list of the top 6 improvements to push your selling price.
- The first place is taken by the kitchen – a good overhauled heart of the home is always a great selling point in property.
- Second to the kitchen are the bathrooms. Splurge on luxuries or don’t but always make sure it looks neat, clean, practical and beautiful.
- Update the plumbing - this might be one of the more costly renovations that is not visible to the eye but surely an expense well worth making.
- Brighten up the space – choose a neutral colour paint that compliments the size of the rooms and reflect light for an instant open and spacious feel. Also have the exterior of the house painted for a new and neat look.
- Add roof insulation to keep the home warm in winter and cool in summer. This is not only an environmentally friendly thing to do but also a necessity since we are experiencing a huge shift in climate these days. The price increase for electricity also justifies a well-insulated roof as it could contribute to saving money (to spend elsewhere in your home).
- Get a landscaper to make a few practical changes to the outdoor areas. Install sprinklers, plant a few colourful shrubs and trees, and create a path to and from different areas. The exterior of your home is the first aspect buyer encounter thus beautiful landscape could make a world’s difference. Now keep it maintained.
Author: Annemarie Swanepoel