How To Achieve a High Home Improvement Value
People purchase houses for many different reasons. Some people buy houses to improve the property and get a good return on investment. Other people buy property to sell. For whatever reason a person buy a house or property, they would like to see their home improvement value.
Estimating your home improvement value is fairly easy. Raising that value is just as easy if you know what to do, and how to do it. The basic rule of thumb is: the more money you put into your house, the more you can expect to get out of it. It doesn’t matter how big the house is, where it is located, or what condition it is in, there are always ways to increase your home improvement value.
It doesn’t have to be painstaking work to increase your home improvement value. All that is needed is planning, time, and money. To figure out where your house can improve, write items down on paper. On one side of the paper write what your house has, and on the other side write down what your house doesn’t have. For example, on the “house has” side of the paper, you can write: Two Bedrooms, One Bath, and Basement. You can fill in what your house doesn’t have, and what you would like your house to have in the “house doesn’t have” side. Realistically, you will not be able to complete all of the things on your list.
In today’s society people expect a certain level of living. Some people won’t even consider looking at a house if it didn’t meet their standards. Things you can add that will increase your home improvement value area a master bathroom bathroom, additional full bathrooms, or half baths. Making a master bathroom may be as simple as adding a door between the bathroom and the room. Just adding a door can increase your property value tremendously.
Adding another bathroom can be just as easy and you don’t have to take out another mortgage to get it done. If you have a closet or pantry that is big enough to hold a toilet and sink, then you may be able to add the additional bath.
Adding an extra bed room or garage can also increase your home value. If all of this is a little out of your price range, a new coat of paint, new flooring, or new cabinets can also increase your home improvement value. If you stick to white or neutral colors in the bathrooms and kitchen it will keep them feeling fresh and bigger. White is a contemporary color and will appeal to most buyers.
Remember the basic rule, that investing a small amount into your home now could increase your home improvement value by a considerable amount in the future. Keep things contemporary and fresh. Start those home improvements and watch your home improvement value climb!