To get the most value out of your renovation projects, make sure that they are likely to fulfill buyer needs. Many home remodels can certainly look nice, but are unable to legitimately gain more buyer interest or real value on the selling price.
Avoiding this problem means being prudent. Our last post discussed several projects that are more likely to be worth your time and money. Here are a few more:
“Freshen Up” the Bathroom
Next to the kitchen, bathrooms are a major aspect of a home that can make or break a sale. While gutting the entire bathroom and replacing it with a spa-like retreat would look great, simple maintenance or updates are usually better.
- Clean or replace all old, dirty tile grout
- Re-caulk around the bathtub, sink and showers
- Install a low-flow toilet or use a conversion kit
- Add hanging shelves to increase storage
- Replace the faucet or sink
- Get new handles, faucets or shower heads
Paint the Walls
A couple buckets of paint can go a long way. Plug up or patch any holes before you paint to make your walls look pristine. Get rid of any wallpaper from bygone eras with adhesive remover, then add a healthy coat of primer to keep materials from bleeding through the colors.
Opt for an off-white or neutral color. These can make spaces look bigger and brighter. They also tend to appeal to a broader variety of home buyers.
A home should never be dark. Install fixtures in rooms that rely on floor lamps for light. Pay particular attention to entry ways, kitchens and bathrooms.
Opt for soft, warm lights that can fill spaces. Consider hooking all of them up to a dimmer switch that allows dynamic choices in light tones and mood.
A spare room does not necessarily have to be in the attic, but increasing the use of available space is the key to adding value. Home buyers like the idea of extra rooms for guests. These rooms can also provide more appealing lodging for teens looking to increase their sense of independence.
Make sure that there is plenty of light, as well as access to the central systems of the house. Windows that allow natural light can also make the space feel bigger and more inviting.
Home buyers will want to know that they can fit all of their belongings in your home and stay organized.
- Increase closet space where you can.
- Add built-in shelves in strategic spots, such as in bedrooms, closets or laundry rooms.
- Bench seats that double as storage bins may impress buyers, especially when used to create a cozy seating area near entrances.
Let these ideas inspire you to bring your Red Deer real estate property’s image and functionality to the next level. To learn more about ways to increase value or appeal, start by looking at our selling page.