Introduction
Homeowners or Realtors work to get the most out of their investments. They do this by adding value to their property so that they then attract tenants or buyers who will make their efforts every worth the while. The higher the value of the house, the higher the returns. This implies that a well planned budget has to be put in place if you are to achieve the desired results. It helps to make an upgrade list for the house so that budgeting is easy and to reduce on waste. House upgrading doesn't have to be expensive as there are simpler ways of doing so. It is important that the upgrading of the house is in compliance with the local housing authority.
Step 1
You can raise the value of the house for sale or rent out by doing the following:
Cleaning, carrying out repairs, painting, and landscaping are among the simplest and cheapest ways of raising the value of your house. In some situations, these simple tasks might be all you have to do to achieve impressionable results. They should be done within and out of the house. You want to avoid clutter all over the place. Fresh paint has a way of re-newing the look of a house so use it where needed. Well-maintained garden plants can work wonders to improve the look of the garden or yard. Long grass is a definite no, no. For the repair work, you want to pay attention to the windows, fences, pathways, floors, roof, electrical and water outlets and the pool area.
Step 2
Re-model popular or busy rooms. The kitchen, washroom and the living room are areas you want to pay special attention if you want to increase the value of the house. These are rooms people want to feel comfortable. For some people, the state and design of key areas will determine whether or not they take the house. If there are any damages, proper repairs should be done. This is certainly not the time to do some shoddy job just so that you save some little money. You don’t want to go overboard either. Hire professionals if you are not gifted in the home re-modeling department.
Step 3
If you are selling or letting out a furnished house, the furniture, carpet, curtains, kitchen appliances and cabinets of the house should be in good condition. There should be a smooth flow in the general design theme. If you are the adventurous type, use appropriate item or color combinations to ensure that the contrasts are eye friendly.
Step 4
Going green is the modern buzzword. It is about being friendly to the environment. The more Eco-friendly your house is, the higher its value. It is possible to integrate some aspect of green living in almost every area of the house. Eco materials or systems can be used in your building and furnishing materials, plumbing and electrical sources and outlets, and in the gardening style.
Step 5
You can decide to use a traditional or modern approach, or a combination of both in your house improvement. You can decide to do a complete overhaul or you could add few items here and there for effect. Whatever the style you choose, if done well, this is another great and unique way of raising the value of the house.
Tips
- Washing the walls and other surfaces of the house is a cheaper alternative to painting the house if you are on a tight upgrading budget.
- If you are doing the upgrading yourself, schedule the different tasks to make your work easier, faster and less overwhelming.
- You can mobilize family members or friends to help you in the face lifting of the house so that you save on upgrading costs. Use DIY (do-it-yourself) manuals for those tasks you are not sure about.
Sources and Citations
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