Renovation Tips to Increase Your Home’s Resale Value

13 March 2020

After years or even decades of staying in your home, you have finally decided to find a new place and move out. Some of you may have a bigger family now, while others need to relocate due to work-related concerns. Whatever your reasons are, most of you will surely resort to selling your current home.

You may find it difficult to sell your home, most especially if you will be doing this for the first time. However, there are some renovation tips that you can do to increase the resale value of your home. Even without any experience, renovating your home can easily attract potential buyers. To help you out, here are some renovation tips that you can do with your home.

Kitchen Remodelling

The kitchen will always be the heart of a home, so it is safe to say that potential buyers will visit this place first before assessing the whole property. But one thing that you must avoid is overdoing the kitchen renovation. You don’t want your kitchen to feel like a separate entity when compared to other parts of your home.

Renovating your kitchen can start with repainting. You must choose a set of paint colours that is modern and fresh to the eyes. To maximise renovation works, you might want to consider low-VOC paint which can make your kitchen more eco-friendly. You may also want to replace the old appliances with energy-efficient ones. Using this type of appliance can guarantee you a faster sale of your property as buyers also want to save a lot of money.

Bathroom Upgrades

Bathrooms are also important in every home property. Renovating bathrooms can start with the use of wood or white vanity. Another thing that you can do with your bathrooms is to add clean and modern fixtures. The installation of simple tile patterns can also help you boost the resale value of your property. The bathroom of your master bedroom may also have these renovations, but you might want to spend a little extra money for more upgrades such as a freestanding tub or a double vanity.

Nowadays, additional bathrooms are important for huge families. So, aside from bathroom improvements, you can also opt to add more bathrooms. Your extra rooms or underutilised spaces can serve as the location of the new bathrooms. If you want to save some money, you can shop in stores that offer discounts on tubs, doors, toilets, fixtures, and other important items.

Basic Home Updates

From the most important parts of your home, other elements of your property must also be updated so that you can sell your home. You can start by repainting and recoating the walls of your rooms. You can also fix the roof so that any leaks are prevented. Rotting woods must also be checked and replaced right away. As a property owner, you must also get rid of any moulds around your home.

To ensure a solid and safe home for future property owners, you can also check the HVAC, electrical, hot water, and plumbing systems of your home. Great insulation of a home can also attract potential homeowners. So, have your light fixtures, doors, and windows modified so that you can help your future home buyer save a lot of money and energy in the long run.

These renovation tips can certainly help you increase the resale value of your home. If you want some help with your renovation plans, we, at Ike Building can help you out.