Everyone wants to get the best price for the home they are listing. Some industry experts say the best way to increase the value of your home is to focus on upgrades that make the home more economical to run (i.e., energy-saving upgrades). The other line of thinking is more about amenities that appeal to buyers’ preferences, like newly updated flooring and colour schemes.
In this article, we’ll discuss four ways to increase your property value before you list it.
1. Repaint the Walls and Replace Old Moulding
Introducing a fresh coat of paint is a surefire way to revitalize a tired-looking space. Regardless of your budget and the scope of the remodel, repainting should always be considered. It’s an easy way to make the walls look brand new.
Floors are also a key focal point that shapes the character of a home. Replacing flooring outright is costly, so a more economical alternative is to replace the existing trim or moulding with something current. The moulding is like a frame that highlights the aesthetic of the floor.
2. Update the Lighting
A room is only as beautiful as its lighting allows. Replacing outdated lighting is one of the more inexpensive ways to increase the value of your home because it can be done by yourself in most cases. Getting this right will go a long way in making the home more appealing.
3. Go for Simpler Kitchen Upgrades
Contractors and interior designers will tell you the best way to increase an old home’s resale value is to update the kitchen. This could be a very expensive undertaking if you choose to completely revamp the style. Plus, there is no guarantee there will be a buyer willing to pay that much more to offset the cost of the renovation.
A less risky approach is to simply replace the appliances and update the cabinets, countertops and backsplash to create a space with modern motifs. This way, your home will not need to be aggressively priced to justify too many upgrades.
4. Consider a Prefabricated Bathroom Renovation
Bathroom renovation jobs, when done with the latest technology, are very cost-effective. A shower base with watertight walls can be prefabricated as a single piece of hardware that is custom measured to fit into your space like a glove. If you want to remove your old shower-tub unit and update it with a more modern and sleek freestanding shower, the installation can be done in a single day, which means fewer labour hours on the final invoice.
Contact A Professional Team Today
Looking for a new home in Hamilton? DeSozio Homes is your trusted home builder in the Hamilton area! Check out our list of features and upgrades that can be included in your new home built by DeSozio Homes. Contact us today to learn more about our newest development in Hamilton.
