The housing market has gone through a pause. The signs of recovery are rare but they are there; and signs point to a revival in the near future. So you can maximize your profit when the housing market recovers, you’d better take steps now to ensure your property fetches the best price when it’s time to get rid of it. Also, even if you don’t plan to sell your property, what kind of home renovations should you do to maximize the curb appeal of your home and add value to the property overall?
Space and Light
When people talk about ambience, they are referring to space and lighting. Its importance cannot be underestimated. When it comes to home renovations, space and lighting arrangements have the potential to completely change the atmosphere of your living space. Homebuyers have a strong preference for light and airy homes, so if your property has small rooms or lacks much-needed natural light, then you should consider light renovations that will add windows.
In addition, you can also remove and adjust the walls and make the necessary modifications in the floor plan to make the house more spacious. Unless walls are removed and added, these renovations are not that expensive, and even a handyman could pull it off.
Focus
People often get so focused on the interior that they forget about the home focus altogether or run out of funds because they spend most of their budget on fixing interior home problems. A property buyer; however, look at the big picture, and the outside counts as much as the inside.
Realtors believe that a good first impression, which comes from landscaping, making sure your lawn is mowed, exterior paint, and sidewalks and driveways in good condition, adds up to 10% to the total value of the home. So plant flowers, hire a good gardener, and do some good landscaping. These home renovations won’t cost you a fortune, but they can help you earn a small fortune.
paint the inside
As you can guess, no home renovation list is complete without mentioning how crucial interior painting is to the overall value of the property. Painting gives your property a new life and a new appeal without breaking the bank. You can paint cabinets and cupboards, repaint your bathroom, and completely transform the look of your home overnight without breaking the bank.
finish your basement
Basements are a great and versatile piece of floor space. They can be converted into game rooms, a children’s play area, an office space, a guest bedroom, a gym with a sauna, you name it. Their versatility makes them one of the most popular home renovations in the country. A complete foundation renovation can be expensive, but it totally depends on your needs. However, little money can go a long way when it comes to foundations. Just having the walls, bathroom, heating and air conditioning finished will increase the value of your property.
