Ways to Add Value to Your Property - Buyers are attracted more to houses that are clean, freshly painted and attractive and also have all fixtures like taps and electrical appliances in working order. A depleted home has less chances of attracting buyers even if it is priced lower than other options. Hence, it is extremely important to renovate your home to make it more presentable and hence attract buyers and also get a good price.
Certain renovations can be very costly and do not add much value to the home.
The most common of these are adding a swimming pool, installing costly appliances, landscaping the home to make it look like a club and renovating in an area where land is the main attraction rather than the structure.
Many sellers make the mistake of spending too much on renovations and assume that they will recover the money when they sell the house but this is not always the case.
Most buyers are extremely careful about their investments and are not ready for something that they do not require.
The best way is to undertake low cost improvements that make your house brighter like new curtains and rugs.
Another good idea is to renovate the bathroom and kitchens to give them a modern feel and low cost improvements in bedrooms and living rooms.
It is always a good idea to make your home energy efficient so as to attract buyers.
The most important thing is to repair anything that is not working properly but take care not to try and repair something that will cost you more than 1% of the cost of the house. Do remember that the changes that you make may or may not be liked by buyers.
Always remember that you should try to make the house more attractive to buyers but not end up in a situation where you have to spend too much. Do not assume that whatever you invest will be recovered as buyers are becoming smarter and more intelligent.
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