When you are a homeowner, you need to always think about what’s going to happen a few years down the road. It’s important, perhaps even vital that you don’t take your house for granted. You need to keep that future sale in mind. Despite what you might think now, you’re probably not going to live in your house all your life. Eventually, you’re going to move on to somewhere else. This might be because you are forced to move due to a new job offer. Or, it could be that your income level changes and you can afford a larger home. It might even be that your family grows and you need more space for them in your house. Either way, a future move will be on the agenda at some point, I guarantee it. It’s important that when you do move you get the most money for the home that you’re selling. This isn’t easy and to do this you need to be thinking about that future sale even when you have no plans to move.
Some of these changes are going to cost you money, and this confuses quite a few people. What’s the point of putting money in a home that you will one day leave? Well, first these changes should benefit you while you’re living there. Second, if you approach them the right way they will add more value than you spent. So, let’s look at some of the best changes you can make, how much they’ll add and how to approach them.
Kitchen & Bathroom Renovations
The first change that I would recommend is a kitchen or bathroom renovation for your home. Taken on the right way, you can add as much as twenty-five percent with a renovation like this. Quite impressive, I’m sure you’ll agree, but there are a few little rules you’ll need to follow. First, don’t make the mistake of DIYing if you have no idea what you’re doing. All that’s going to happen is that you’ll make a mess and very little value will be added. You don’t want that at all. Instead, you need to consider the possibility of hiring an expert. They will make sure that you’re renovation looks and feels professional and this is exactly what future buyers want. Make sure that when you do hire someone you are using a licensed contractor. Using a licensed contractor you can make sure there are no legal renovations that will cause problems. Don’t forget any legal issues and you could actually reduce the value of your home. We’ll talk more about this when we consider the possibility of an extension.
For now, let’s think about what changes you should make to your kitchen or bathroom. Ideally, you need to make sure that it looks contemporary, new and stylish. The floors are always noticed by new buyers. If you still have carpet anywhere in your kitchen, replace it with laminate flooring. This is far more modern and popular today. The lighting should be replaced as well with new spotlights to accentuate key features. You can make the same type of changes in the bathroom, and the best part is that it will only cost a few hundred. But it could add as much as a couple thousand onto the home value.
Don’t forget, there are also little changes you can make that can change the style of the room completely. For instance, you can replace the handles on kitchen cupboards with some more modern designs.
Security And Safety
If you’re house is a family home, perfect for couples looking to have a few kids, security is always going to be important. It might be one of their main priorities when they are buying home. They might not care if your kitchen is old fashioned if you have the latest home security. The key here is to make sure you are thinking about the latest tech. There is a wealth of new security tech on the market that you can implement in your home. For instance, new features allow you to use smartphone home security. With this, you can set up all the tech around your home. Then, anyone with the app and the password will be able to control it. For worried parents, it’s the ultimate home upgrade. You can even check if your kids are home while you’re still at work. So how much will a feature like this add to your home? Well, this will certainly affect the value of offers people put forward for your house. If you enter a bidding war, you can bet parents are going to be anxious to buy your home.
You can think about more extensive forms of security as well. For instance, some owners set up movement sensors around their property. This alerts them if anyone even walks on their property without their permission. It can be helpful and will give buyers peace of mind.
If your home is quite small and cramped, you might think about completing an extension. There are three things to take in mind if you do this. First, you need to understand that any extension work often takes space away from the garden. That’s why people tend to build upwards or convert their loft. Second, it should look like a natural part of the home. It shouldn’t stick out like a sore thumb because then it will look unattractive to buyers. Third, it needs to be above board. You’d be surprised how many people complete extension work on their home without getting the permission they need. By doing this, they often end up in trouble when it comes time to sell. Agents are under legal obligation to mention this to potential buyers. You might have managed to avoid any problems while you were living there. But new buyers may not be willing to take this risk. In short, it can make your home a nightmare to sell.
We hope you use these possibilities to your advantage when selling your home. Good luck getting the best price possible.
*This post was submitted on behalf of PennyMindingMom.com.