When buying a home, you hope that it will increase in value. This could give you equity in the house. This means that your home is worth more than what you owe on it. If you decide to sell it, that equity is money in your pocket. For that reason, it's important to make the right decisions when it comes to repairs and projects. The right type of remodel can increase the value of your home drastically. Here are a few things your expert real estate agent says you can do to increase the value of your home.
- Painting. While you might be a fan of the bright yellow kitchen, it can actually be decreasing the value of your home. When it comes to selling, you want to keep your paint colors as neutral as possible. This allows buyers to picture their own style and décor in the home when walking through it. Greys, beiges, and whites are excellent colors to choose from. If you are looking for a way to spruce up your home, grab a can of paint and a brush and get to work! You'll be surprised at how much cleaner your home looks once you've finished.
- Refinishing the cabinets. Your kitchen is considered the money-maker of the house. If it's out of style and dated, it can decrease the value of your home. However, if it's updated, your home could be worth a whole lot more. While you might be cringing at the thought of a kitchen remodel, it doesn't have to be a complete overhaul. In fact, a few small changes could bring your kitchen to life. Consider refinishing the cabinets. Whether you simply apply a fresh coat of finish or you completely strip and paint them, freshly stained cabinets will bring shine to your kitchen. You can also switch out the pulls and handles on the doors and drawers as a way to spruce things up instantly.
- Landscaping. Curb appeal is real. The exterior of your home will give the first impression to potential buyers and appraisers. So, if your landscaping is looking less than tidy, it's time to do some work. Edge your flower beds with pavers or stones as a great way to ensure that your flower beds stay neat. Then, add some color through different flowers and bushes. Painting your front door and exterior walls is another great way to give your home a face lift.
- Finishing the basement. When selling your home, the value will be determined on the amount of the house that is finished and what is unfinished. If you finish your basement, it could increase the value by quite a bit. Because it adds more space and square footage, you could potentially sell it for more money than you originally bought it for.
- Updating the flooring. Carpet, hardwood, and tile are all great flooring options. However, they do need to be replaced after a while. If your flooring is looking worn, consider putting in something new. While refinishing, cleaning, and scrubbing your flooring can make it look cleaner, replacing it completely could add quite a bit of value to your home.
Whether you choose one of these projects or all of them, chances are you will boost the value of your home quite a bit. Even if you aren't planning on selling your home, these are great ways to spruce your house up and make it seem brighter and cleaner. For other ways to increase the value of your home, speak with your expert real estate agent. With a professional on your side, you'll be able to make the right remodeling decisions and get the most from your home.
Source : articlesbase.com
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