Renovating for Resale: Boosting Property Value with Strategic Upgrades

Do you want to boost your property value but don’t know where to start? As a homeowner, your biggest aspiration is to see your home value increase, and the best way to do that is through renovations. Let us explore how you can give an instant boost to the property value of your home by renovating for resale.

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Why Is Renovating For Resale Important?

It is true that the value of your home is directly tied to its appearance, locality, and amenities. While you can’t do anything about the location, you can increase home value after renovation for appearance and amenities.

Renovating can mean anything from upgrading your kitchen equipment to fixing that pipe leak you never got around to repairing. Here is a list of ways renovating for resale help improve your property value:

  • Renovating involves fixing any kind of safety issues within your property. This could be an electrical issue or a crack. When you fix such issues, you also make your home safer while increasing its resale value.
  • Since you upgrade your equipment or furniture while renovating, your home appears more modern, enticing more buyers.
  • Renovating for resale allows you to get better returns on your initial investment of buying a house.
  • If you update your home decor renovating for resale, it makes buyers more interested in your property.

The Best Strategy To Increase Home Value Through Renovations

Here is the ultimate step-by-step strategy to increase home value through renovations:

  1. Tackle The Kitchen First

The first task you need to take on to renovate your home is to handle the kitchen improvements. This is because the kitchen is one of the most vital deciding factors for many buyers. Here is everything you need to renovate your kitchen:

  • Countertops
  • Appliances
  • Lighting Fixtures
  • Cabinets
  1. Go After The Bathrooms Next

A bathroom could be the reason for a major increase in home value after renovation. Studies by Zillow have supported this claim. You can upgrade your bathrooms by installing new lighting fixtures, uprooting old tiles and replacing them with new ones, improving the functionality of the space, and adding energy-efficient features.

  1. Curb Appeal Is A Must

You need to lock in your buyers instantly, and curb appeal is the best way to do that. Here is how:

  • Upgrade your mailbox and front door.
  • Tidy up your lawn and driveway.
  • Uproot your fence and replace it with a new one or paint over it.
  • Paint the exterior walls.
  • Hide your dustbins.
  • Add some kind of doorstep decor like a garland or a vintage doorknocker.
  1. Try Out An Open Floor Plan

Most modern architecture is based on an open-concept floor plan. It not only makes the house appear much bigger than it is, but it also allows you to entice buyers who value a more inviting layout. You can see if your property can have such a feature by consulting with an expert in home renovations in Campbelltown. A professional will give you the right advice for whether or not your home is capable of being converted into an open-concept living space.

  1. Put On A Coat Of Fresh Paint

A fresh coat of paint works wonders because it allows you to put your best foot forward in front of the buyers. Just make sure to choose neutral colours so that any buyer isn’t instantly turned off from the interior. Try to complement your furniture and go from there.

Conclusion

When renovating for resale, the most important thing to remember is to find someone who knows what they are doing. You cannot successfully execute a complete renovation without at least consulting a renovation expert.

This is because homes tend to be a high-skill job where a simple misstep could mean your roof caving in or the foundations of your property being destroyed. So get in touch with a reliable specialist like Mack’s Kitchens & Bathrooms before making any major changes. Happy renovating!