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- 30 Nov-2022
The 5 Best Ways to Improve Your Property Value
Are you looking to sell your house? Are you looking to get it appraised? Or do you just want to do some home improvements? Real estate and properties are like every other valuable asset you have, you need to take good care of them. With time, your home or property will age and start to show wrinkles.
This is why it’s important to regularly do a few improvements and upgrades to your property, so you don’t lose much of its value. And the word “improvement” may hold a heavy financial burden to it but that is not necessarily the case! There are many effective home improvements and tactics you can apply to improve your property’s real estate value. Of course, you can always hire a real estate expert to help you with your home and value improvement. But if you decide to do it yourself, then here are the 5 best ways to improve your property value.
#5- A Quick Paint Job
Paint is one of the first things that come undone after you move into a new house or apartment. But luckily, it doesn’t cost that much to repaint your property. In fact, if you like, you can repaint your house on your own. Giving your property a fresh new coat of paint will do wonders for visitors or appraisers coming to value your property. A new coat of paint will make your property more appealing as well as give it a new and modern look.
#4- Some New Furniture
Furniture is another thing that tends to fall apart with time in a property. This is why it’s important to change your furniture. This might have to cost you a pretty penny but it depends on how you go about it. New furniture doesn’t have to mean luxurious furniture. Just keep it nice, simple, and modern. Sometimes less is more.
#3- Refurbishments and Renovations
The best way to up your real estate value is to go for the full gutting process and applying the age-old idiom: out with the old and in with the new. The best part about refurbishment works is if the right work is done to the property, then you will see a considerable increase in your property value. A new kitchen, some chic tiles, new bathrooms, a central home control system, and many more options are just some features and upgrades you can apply to your property to improve its value.
#2- Make it Bigger, Smart, More Efficient
If you want home improvements to boost your property value you can either go big or keep your same home. Check your planning permissions and what sort of extensions you can add to your property. If you are allowed to add an extra floor, or extension, then go for it! Extra space is a guaranteed way to increase your property values. Another improvement you can do is making it smarter. Install a smart home system to your property, which allows you to control all aspects of your property from a centralized controlled system. Real estate tech companies are constantly rolling out new improvements and tools to add to your property and make it smarter and automated. And finally, make it more efficient. Consider double-paned windows, enhanced attic insulation, LED lighting, and even solar panels to make use of solar energy and make your house eco-friendly and self-efficient!
#1- Work on the Outside, Not Just the Inside!
Landscaping is the first thing people see when they pull up to your house. In real estate, visual appeal is everything. So make sure you regularly take care of the real estate and area around your property. If you have a lawn, mow it regularly. If you live in an apartment building, then do your best to keep your quarters clean and tidy. If you have a balcony, opt for placing plants and tiny tree shrubs to liven up your apartment from the view from the sidewalk! All these things will make your property more appealing and attractive, both essential features for real estate.