Selling your home in a competitive real estate market is one of the most fulfilling tasks. Clients today are keen about details and therefore need to see value on what they spend on. As a previous homeowner looking for potential buyers, you should tailor your property to fit their preferences.
Home improvements not only guarantee you of a sale but also add value to its overall sell price. You should include all costs, including the home renovations you will undertake, plus a reasonable profit margin while you sell your property.
You might be wondering which home renovations should you take into consideration while you try to increase its property value. They include the following:
1. Better lighting
Modern lighting in each room makes a statement about the property. You do not have to choose expensive lighting systems but instead, craft your way to find those that feature each room. Ask your interior designer or renovation team about each room’s best lights and tailor the property to a new look. You may have previously used fluorescent or high energy consuming bulbs, which may not auger well while you try to sell. A change in lighting brightens each room and makes the property look more modernized than before.
Every potential homeowner wants to have a dream house that they are comfortable living in. A perfect floor to each room guarantees you of an easy same since the property looks attractive from the point of entry. Ensure that your renovation company assists you in selecting a flooring material that fits perfectly for each room. The floors should also be well fitted and easy to maintain or cleans. Pick rough floors for areas such as the bathroom or kitchen where spills can cause accidents and warmer floors in the dining room, living room, or bedroom.
3. Exterior painting
You should not only dwell on the inside features an leave the exterior paint out. The property needs to look attractive all round for a competitive bid as you increase its value. Revamp the painting to the exterior walls, doors, and fittings with beautiful colors perfect for any weather. While you paint the outer surfaces, do not assume clients have the same taste as you. You should instead pick colors that are likable by all since people get picky.
4. Include an open kitchen layout
Open kitchens have become a likable feature by the modern-day potential home seeker. One way of winning favor in a bid is by offering what they have a liking for and why not the open kitchen. An open kitchen makes the house look classy and more accommodating. You may also ask your renovation team to create room for a kitchen island with cabinets for extra storage space and a marble top that makes the kitchen have a contemporary look. Such features make the house an easy sell and thus increase the value of the property.
While you make the improvements and increase the property values, always ensure that you can account for each expense. It should be included in the total selling price; thus, any omissions can lead to a loss rather than profits. Also, do not stake on expensive features and end up listing your property with a relatively high asking price. Clients need to see value and affordability at the same time as they compare the options they have. Therefore, be reasonable in what you include in the improvements.