Thinking of selling your house? Why not boost the value of your home with a little renovation?
The changes made don’t necessarily need to be extravagant, and in many cases small repairs or subtle design alterations can make a significant difference in the resale cost.
Here are some tips to help you add value to your home.
1. Interior changes
One of the most cost-effective modifications for any home starts in the kitchen. Changes can be extreme, such as breaking down walls to increase space, but they can be less radical too. Sometimes just replacing old appliances or adding a new countertop can improve the look of a kitchen. It may also be beneficial to substitute out-dated flooring with a more appealing contemporary alternative.
The right flooring can add considerable value to any room. Bamboo flooring is an ideal choice because of its versatility and durability. Because it has a distinctive and eye-catching appearance, potential buyers will notice it immediately. By installing environmentally friendly bamboo floorboards, homeowners can use the unique flooring as a selling point.
3. Increase space
Another way to improve a house’s value is to convert an attic or basement into a bedroom or home office. Adding an extra room is perfect for houses that don’t look spacious at first glance. Even adding a bathroom or sunroom can give a small house instant visual appeal. The key is to find unused space and create a practical, liveable place for potential buyers to get excited about.
4. Exterior alterations
The exterior of a house is the first thing interested buyers view. Curb appeal is essential for resale value. The easiest improvements to make to a home’s facade include painting, washing the siding, repair or replace fencing and fixing any issues with the lawn. Patching the roof, cleaning up any garden areas, and repairing large cracks in the pavement also help the overall appearance of a house.
5. Increase appeal
Bigger value-building projects for a home’s exterior include adding a deck or screened-in porch as well as upgrading the landscaping. Visually pleasing landscape is important for making first impressions. If the landscape and outdoor living space look inviting, potential buyers may be better able to envision themselves living there.
6. Small fixes
Many homeowners underestimate the power of a fresh coat of paint. A newly painted room can brighten up any living space and make it look bigger. Using a wide range of colours that are warm, welcoming and versatile can substantially boost the value of a home.
7. Go eco
So many people are interested in protecting the environment, making eco-friendly changes to a house can also maximise its value. Adding insulation, replacing old light bulbs with energy-efficient ones or purchasing a programmable thermostat are easy fixes that can make a lasting impact on buyers.
For more renovation tips and advice, check out our helpful DIY section!