In today's housing climate, it can be quite difficult to get
one's home sold. Many realtors recommend a number of key upgrades or
renovations for those who are having trouble selling their homes. There are so
many different things homeowners can do to improve upon their homes and make
them more attractive to potential buyers and one option is to get the services of remodelling contractors. However, some of these things are
very expensive and not all of these things are the soundest investments. Some
improvements give more“bang for the buck”, meaning these are affordable
improvements shown to attract potential buyers and those whose cost can be
justified, at least in part, in the sale of the home.
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Image source: Nancy Hugo, CKD - https://flic.kr/p/Fj4zQ
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Up the Curb Appeal
Improving the home’s curb appeal will definitely make it more
attractive to potential buyers. Whether this improvement involves something
elaborate like the construction of a porch or the addition of simple
landscaping features to the yard, anything that improves curb appeal will get
potential buyers in the door.
Use Lighting
The use of strategically-placed, high quality lighting gives
a home a light and airy feel. It also gives the appearance of more space, which
is a key selling point. This is also one of the cheapest ways to add a highly
attractive feature to the home.
Update Appliances
Updating all the appliances in the home, or even just the
kitchen, will add to the home's value and appeal. For many potential buyers,
updated appliances make the home more "ready to live in," meaning it
will not require as much alteration to suit the needs of the new owner as other
homes might.
Walk-in Closets
Walk-in closets are especially important in family-oriented
dwellings where extra storage space is needed. While this is a bigger
renovation, it can add a significant amount of value to the home and will
attract a wide number of potential buyers. Walk-in closets can also be used for
laundry facilities, as well as a place for HVAC ductwork.
New Siding
While this can be a bit costly, it immensely adds to the
home's attractiveness and value. According to Nathan Hammond, who holds a bachelor’s degree in Real Estate,
replacing the siding on a home is one of the best improvements homeowners can
make to appeal to prospective buyers. Many who update their siding see an 89%
return on the investment they made on that particular improvement.
All of these options not only tend to attract potential
buyers, but they also typically add value to the home as well. Whether one does
any, all, or a combination of the above-stated tips, they are likely to see an
increase in interest in their home. These improvements are key selling points
and are oft-stated reasons for choosing to purchase one home over another.
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