If you own a house or an apartment and you’re thinking of renting it or selling it, you might want to add some value to it. Even if you aren’t planning on getting rid of your house just yet, you might want to start improving your home in advance. If you put the time and money into your home now, you might be able to sell it at a higher price when you’re ready to move on. There are ways in which you can add value to your home and make sure that you can earn more from it in the future. Here are some things you could do to make your home more valuable.
Update the kitchen and the bathroom to add value to your home
The kitchen and the bathroom are among the more important rooms in a house. Most people like to remodel the kitchen and the bathroom when they move into a new house. Renovations of these rooms can be expensive and challenging, but they are worth it. These rooms will definitely raise the value of your home and you’ll be able to demand more money when selling it. The kitchen and the bathroom are rooms that are used a lot and they are high-traffic rooms. So, they need to be updated more than other rooms.
Many people buy houses that are fixer-uppers because they are cheaper. However, if the kitchen and bathrooms are new and up to date, you can expect the price of your home to be higher. So, this is an investment that will pay off in the future. You can look into plastic bin rental to store your items in the bins during the renovations.
Make sure the walls are painted
Painting your walls is a simple way to increase the value of your home. You can do this yourself if you want to save some money. Freshly painted walls make the house look much more presentable, fresh and clean. Your best option is to go for light colors that can easily be painted over by the new owners. A few days of painting the walls result in a house that looks way more put together. There is a high chance that the new owners will want to paint the walls to their taste, but that doesn’t mean you shouldn’t do this. Clean walls will give a much better first impression. So, before you start looking for Park Slope movers and move to a new house, make sure the walls are nice and fresh.
Split your house into apartments to add value to your home
If you are thinking of renting or selling your house, you should really consider turning it into multiple apartments. That way, you’ll be able to rent (or sell) two units instead of just one. While you’re renting the place, you’ll have two streams of income. Once you decide to sell the property, you will have two units to sell and profit from. Of course, before you do this, you should do some research and find out if there’s a higher demand for houses or apartments in your area. If houses are desirable where you live, you can skip this step. However, if apartments are what people are looking for, try to add value to your home this way. Before moving out of NYC, consider this option.
Convert your garage into a living space
Another way to raise the price of your house is to make some extra living space. You can do that by converting your garage, cellar or basement into a well-functioning room. So, if you don’t have a car or at least if you don’t park your car in the garage, you can definitely do this. Before you begin this process, you should check if your garage is even suitable for conversion. If so, start planning how you’re going to rearrange it.
A garage conversion shouldn’t be too complicated. Paint the walls of the garage, make sure you can use it as a living space and add some furniture inside. You can use the garage in a few different ways:
- an extra living room
- as a guest bedroom or a guest house
- a gym to keep in shape
- an office, and so much more.
If you need an extra room for a particular purpose, use the garage for it. This will add value to your house and you’ll be able to use this extra room until you move out.
Landscaping is most likely the easiest and cheapest way to increase the value of your home quickly. You should do your best to keep your lawn neatly trimmed and your trees healthy. Consider planting some trees to get more shade in your yard and to get extra privacy from the neighbors. Get some pretty flowers and decorate your garden with them. All these things will make your house look better and it will be obvious that you take good care of your home.
Adding value to your new home
It can be a little bit difficult to think of ways to add value to your home. However, there are plenty of tips and tricks you can find on the Internet or by talking to your friends. If you know anyone who has undertaken a project like this, ask them for advice. Consider putting some of your things in short term storage during the renovation process. Remember to stay calm and collected while you’re remodeling the house. The most important thing is that the house looks good and is in good shape.