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4 Home Improvements That Increase Home Values

Published at 03/30/2012 22:12:32

Introduction

With the slow moving housing market and many buyers spoilt for choice, adding an extra makeover to your home highly improves your chances of selling. Sprucing up your home requires lots of planning in order to manage costs and expectations since you cannot predict the preferences of your prospective buyers. Below are 4 home improvement tips that will help you get a head start when putting your home for sale in this sluggish economy.

Step 1

Hire an expert to give you an insight on where to focus your investments

This is the most important of the 4 home improvement tips; get professional advice and suggestions from interior designers and realtors to be on a sure footing. Interior designers can help you add some cosmetic and crucial improvements that will leave a deep impression on the prospective buyers. Realtors have a good understanding of customer preferences and you can harness their insights to make more strategic renovations.

Step 2

Remodel the kitchen and the bathroom.

This is also one of the most important of the 4 home improvements that you can make to your house. The kitchen is the nerve centre of the home and you must take time to give the cabinets a makeover by adding new cabinet doors and also refitting kitchen faucet sets. Remodeling the bathroom should also be top in your 4 home upgrade priorities; replace discolored tiles with fresh vinyl tiles and even add a second bathroom if you can afford it.

Step 3

Add a fresh new layer of paint both indoors and outdoors

Don’t leave this out of your 4 home renovation priorities; freshly painted homes leave good impressions on interested buyers as it rejuvenates the look of the houses. Add fresh layers of paint on the entire house including the kitchen and the outdoors taking care to choose colors that are not discordant or out of place. Paints are quite cheap and you can paint it yourself or hire cheap help; this is a renovation that’s too affordable to be left out of your 4 home upgrade priorities.

Step 4

Fix roofs

This is the last of the most important 4 home improvement tips and while it may not increase your resale value much, ignoring it will dramatically decrease your home value. Reroofing and replacing broken roofing tiles creates a good first impression, stimulating that first call or first knock on the door.

Step 5

Fix broken windows

Apart from fixing roofs, it is important to make sure that you any broken window is repaired. This will help a lot to improve your house which may be reducing in value.

Tips and Comments

These 4 home improvements are the surest way of getting good payback for your investments through quick resale and good planning is crucial. Apart from these 4 home upgrade tips, you can implement other measures like adding more energy efficient lighting to offset high energy costs. You may also consider hiring the services of a landscape architect to add some outdoor improvements to your home but don’t be too conspicuous.

Sources and Citations

http://www.quickenloans.com/blog/home-improvements-increase-home

http://www.nolo.com/legal-encyclopedia/do-home-improvements-really-add-30020.html

http://www.hgtv.com/real-estate/30-tips-for-increasing-your-homes-value/pictures/index.html

http://www.hgtv.com/real-estate/10-tips-to-increase-your-homes-value/page-3.html

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