Knowhow-Now Article

Top Home Improvements To Increase Your Property's Value

Many homeowners make the decision to upgrade parts of their home and renovate some areas. However, it is important that these renovations add value to your property. This article can help you choose the home improvement projects that will ultimately add value to your home.

Tip: When your contractor offers advice, consider it to be sound. You have already done the research you need and you've found a good contractor.

Kitchen renovations are one of the most popular ways to add value to your property. Such renovations can range from simple painting and cabinet revamping, to redoing the cabinetry and purchasing new appliances. When listing your home, you need to focus on the kitchen. Avoid using vinyl flooring as it tends to make a kitchen appear dated. Replace vinyl flooring with tile or laminate. New kitchen cabinets, faucet fixtures as well as updated lighting will all increase the value of your home. However, you can give your cabinets a quick paint job or buy new hardware if you're on a tight budget.

Tip: Is your flooring looking a bit old? If you are ambitious, you can pull up your floor and lay down sticky wood flooring. Although lots of people think that doing this is just the easy, cheap method of replacing your floor, it can actually look really good.

You can increase your home's value by 10 to even 20 percent by adding a second bathroom. If you don't have enough space for a full bath, a half bath can still add value. However, the average cost of adding a second bathroom in the US is approximately $50,000. Of course, not everyone has the money to do this. If you're on a tight budget, give your existing bathroom a facelift. Apply a fresh coat of paint, new flooring and perhaps new vanity fixtures which can all add value.

Tip: If you don't want to clean your gutters every two weeks or you live in a forested area, a protective gutter screen is the answer to your prayers. These screens stop leaves from collecting in your gutter, which helps promote water drainage from the roof.

If your home has an unused basement, consider converting it into a rec or family room. It can add interest to your home and make it become prime real estate in a hard-to-sell market. Most home buyers look for houses that come with a finished basement. If you are taking this route, make sure that your renovations are up to code.

Tip: Before you get down to scrubbing the insides of your kitchen cabinets, give them a quick pass with the vacuum cleaner. This removes the dust, dirt and anything else that may be lingering inside.

Additional storage is always important to have in a home. Modern homes come with ample storage, but older homes often lack the simple necessities. Walk-in closets are non-existent and oftentimes, not even a small closet is present. Make sure that you provide some form of storage when looking to sell. It is important that you add closet space to each bedroom to make your property more desirable.

Tip: Prior to removing any popcorn ceiling, be sure to test it for asbestos. Asbestos is an extremely harmful substance and requires special care in removal and disposal, but it only causes problems when it is disturbed.

Don't overlook the simple functions of your home. Make sure that the wiring and plumbing in your home is up to date and working. Since buyers will most likely order a home inspection, don't leave room for nasty surprises. If you know something is not working, make sure that you fix it before listing the property for sale.

Tip: Get someone knowledgeable to give your existing flooring the once over before you pay out for brand new hardwood flooring. You could have gorgeous hardwood flooring that needs refinishing hiding beneath carpeting or linoleum.

The curb appeal of your home matters just as much as the interior. First impressions are everything and potential buyers want a well-kept property. So weeds waist high and metal junk littering the yard is not the way to go. Even if this was no a major concern for you, you are no longer thinking of yourself. You need to consider what a buyer would want. Landscaping is important and if you can't do it yourself, make sure you have the budget to hire a professional.

When looking to list your home for sale, presentation is everything. Potential buyers will be looking at the inside and the outside of your home to judge its potential value. Make sure you follow what was discussed in this article for optimal added value.

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