Title : 10 Home Renovation Tips Leading To Profitable Investments
Link : 10 Home Renovation Tips Leading To Profitable Investments
10 Home Renovation Tips Leading To Profitable Investments
 |
| A Renovated Home |
Normally when people do decide to resell their home the first thing which must be done to increase the value of your home and essentially getting a better resale price is home renovation. Surveys have shown that people who have renovated has gain the best return on investment. They average return you can look for is at least 40-60%. Now, if you need money and need good returns, you must know that home renovation before resale is a no brainier. So you plan to renovate, now where does one start? Which sections of your home will give you profitable returns? Now lets look at the 10 home renovation tips.
1. Flooring
When a potential buyer or investor visits your property, as he/she steps through the front door, the flooring will magically draw their vision. If you have a bad flooring, meaning if the flooring is faded, chipped or broken, you will definitely not get the money you are asking for. Make sure before you resell that your floor is updated, nice wood, clean and solid.
2. Kitchen
So whats the big deal about the kitchen. You can't expect to get a good deal with a scrappy looking kitchen. Your kitchen is a very focal area for home buyers. Ensure your kitchen is comfortable to cook or simple make a cup of coffee and just sit and sip. You must ensure your cabinets are up to par with what is happening in terms of design and material. What many home buyers look forward to when eyeing the kitchen is smart kitchen tops and of course energy efficient appliances. Once your kitchen is of quality standards, then you have a nice hand in your negotiation.
3. Bathroom
Your bathroom is your personal space, a space you go to when you come in from a hard days work, and just want to sit in a nice bath or take a long warm shower. Make you bathroom stand out to a potential investor. Some good renovation tips include but not limited to, marble tops, custom showers, decor and even painting. Many technology driven bath now has even toilets with Bluetooth capabilities. Use your imagination when renovating your bathroom, but nothing too wacky.
4. Lighting
Energy efficiency is whats talked about today. Ensure that you install lighting in any areas which may come off as a bit too dark. All your build must be energy efficient bulbs. If you don't have already, you can include sun room additions, dimmer switches and recessed kitchen lights. Please, no colored lights.
5. Deck And Patio
According to Re modelling magazine, you can easily recoup 72% on investment with a deck and patio addition or renovation, this is definitely a big win for you. They give your home a touch of grandeur that buyers crave.
6. Wall Siding
If you have wall sidings from the 60's era, chances are your home needs drastic renovation. Wall siding renovation will bring a brand new look and feel to your home and definitely ramp up your return on investment. There are myriad wall siding products to choose from including vinyl, fiber-cement and wood among others.
7. Energy Efficient Windows and Doors
If you are going modern, then you must be going green. The modern real estate investor is very conscious and aware about energy efficiency. If you have invested in green living solutions such as these they will be ready to show you the green. They know there are savings to enjoy and lots more benefits when they invest.
8. Basement Remodel
This neglected space can be turned into an alluring space through simple waterproofing and planning techniques. If buyers realize they have one more finished room with an egress window for natural light, you can bet you will get good ROI on your renovation.
9. Attic Bedrooms
Remodeling your attic can return as much as 70% percent on your investment. Gone are the days when the attic was the doorway to hell in homes. Attic remodel and renovation will attract the buyer and gives you a heads up handle on the negotiation.
10. Backyard
What is in your backyard? You better get rid of that pet anaconda and those money swinging on those trees if you want to attract a good investor. Many people when remodeling and redesigning seems to forget that they have a good backyard which can be remodeled into something quite beautiful.
.
So articles 10 Home Renovation Tips Leading To Profitable Investments
that is all articles 10 Home Renovation Tips Leading To Profitable Investments This time, hopefully can provide benefits to all of you. Okay, see you in another article posting.
You now read the article 10 Home Renovation Tips Leading To Profitable Investments With the link address https://structure-settlement21.blogspot.com/2016/05/10-home-renovation-tips-leading-to.html
0 Response to "10 Home Renovation Tips Leading To Profitable Investments"
Post a Comment