There are more than
101 ways to increase the value of your property, but there are far fewer ways
of adding value without spending a significant amount of money on home
renovations.
As the housing market has come to a SLOW down, many homeowners are
turning to better interior designs and furnishings to beautify their homes and
try to increase the value of their property.
It is not always easy to increase the value of your property,
however there are a few things to avoid. We have found that having a hot tub
can take a toll on the value of your home (parents worry about safety and
maintenance costs) and the installation of new carpet and flooring has a very
minimal impact on the value of your property as many people prefer hardwood
floors.
Increasing the value
of your property sounds straightforward enough, but it is often trickier than
many of us realize and we can often get it wrong.
Take a look at these
three straightforward ways to increase the value of your property:
1- Let in the light
When you are looking to sell your home, it’s vital
that you make every inch of your house as bright as possible. This can easily
be achieved by allowing as much natural light through your home as possible;
you may need to consider some newer, lighter window coverings and ditching the
old dusty curtains.
If you allow natural
light in your home and place mirrors on the adjacent wall, the light will
reflect throughout the round to create the illusion of spaciousness, even in
the smallest of rooms.
It’s crucial that
when you are showing potential buyers around your home that your entrance hall
is warm, clean and inviting. Remember that homebuyers will judge your home
within seconds so it’s crucial.
2- Go minimalist
When you have been living in a place for more than five years, you
often acquire a large amount of STUFF and furnishings. We advisable
to de-clutter your home and remove any unnecessary items that are taking up
valuable space; buyers are looking for space….
You should find that
with the de-cluttering of your home the more light comes through your rooms, as
it has less obstacles blocking its path.
3- Make the important rooms count
We have found that there a lot of value added to a property by
replacing an old kitchen and bathrooms with a new one. If you feel that you can
do a good job yourself, you could save yourself a third of the cost of hiring a
builder by renovating it yourself. You can purchase
show room model bathroom and kitchen materials and do some research for tips on
how to install them. However if you are not handy….it would be to your best
interest to hire someone to complete the renovations. Turn rooms back to their original
intensions..for an example the living room should not have a pool table in the
middle of the room.
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