Selling Your Home? Budget Renovation Tips
Now for most Americans, their home is the biggest investment. So, when it comes to renovating you’d want to invest your time and money in the best possible way especially when it comes to increasing the value of your home. Depending on what your situation is this may mean undertaking a home renovation, which makes your home more attractive to buyers.
It is common knowledge amongst the home flipping community at least that some upgrades can boost the price of a home and help it to sell faster. However, not all renovations have an equal impact on value. So, you’ll want to prioritize upgrades that end up getting you the best price.
Improve Energy Efficiency
Today many home remodeling services advertise their ability to make homes more energy-efficient and for good reason. Energy efficiency pays off, and that makes a big difference not only in what you end up paying the energy company but how well your home sells.
It is estimated that owners can easily recoup around a hundred percent of their costs by installing attic insulation. But that’s just one of the many energy efficiency upgrades.
After you have made effective energy efficiency upgrades to your home, make sure that the realtor markets those features properly. Perhaps furnishing prospects with copies of your utility bills so they can see how much you and ultimately they can save.
Let More Light in and Make More Space
Before you opt for kitchen and bathroom remodeling, take a long and hard look at your rooms. Nobody wants to buy a home with dark and cramped rooms. So, the one item you can do is to increase the flow by allowing more sunlight in. You might want to consult with a home remodeling service and then knock down a few walls to widen and brighten the space. Not to mention that an open floor plan makes the home look larger.
Another thing you can do to create an illusion of more space is to use vaulted ceilings. Skylights allow more natural light in. Generally speaking, knocking down walls and letting in more light isn’t as expensive as a complete bathroom renovation. So, you’d want to consider doing this (opening up the floor) before anything else.
Spruce Up the Exterior on a Budget
Your exterior is what will give potential buyers their first impression of your home. However, it does not have to be expensive. Simply power washing the exterior, and painting the front door, adding new door hardware will cost you under $250 but will make a great first impression.
If you have more money to spend, then improve the landscaping. Trim the shrubs, plant a few colorful plants and add fresh mulch. Doing this will help you get more than a hundred percent return on your investment.
Conclusion
Some home remodeling services will want you to spend a lot of money to update every aspect of your home. However, if you’re on a budget and want to sell the home, prioritizing the above upgrades can help you get a handsome return on your investment.
