So you have a home you can call your own. It may be an inherited property, a house you have been living in since your birth or a recent investment property you laid your hands on. Remember that whatever be the case, there is always merit in adding value to your property, so plan home renovation well
Spend wisely to boost property
You may be a splurging guy in life, but when it comes to spending money on home renovation, spend wisely. One never fails when he listens to wise guys around him, hires professionals and takes a subjective view. Here are 5 home renovation ideas through which you can increase your home value appreciatively.
Redefining outdoor living area
If you have got it, flaunt it. The space in your backyard is not to pile your garbage on. Create a barbeque space; furnish the ground therein, place strategic benches and light it up smartly. If possible, grade in a swanky pool and lounge space. Australians have a strong fancy for swimming pools and it is quite instrumental in raising the bar.
Adding an extra bedroom
It is the most logical and functional addition. Small families need a bedroom for guests and big ones for a probability when their family gets bigger. An extra bedroom gives the buyer a choice of granting privacy to kids or elders. It is a wise decision, even if you opt to place your investment property on rent.
No hidden expenses
If you take care to get every legitimate inspection at home periodically (electrical, plumbing and so on), your house remains sturdy and potent for long. When a wise prospective buyer comes to check out your house, he has a keen on eye whether there are cracks on walls, electrical fittings are outdated and other such issues. Also, he gets a negative vibe if the space is too cramped, so live uncluttered.
Home renovation emphasis on kitchen-bath
These may be referred to as tertiary rooms, but they hold much importance. If you have two bathrooms, remember to create a jazzy bathroom which is attached to the master bedroom. The shower stalls, cubicles, vanity should all be suggestive. Regarding the kitchen, try to ooze in freshness through space. Modular kitchen is a grand idea in an investment property or even otherwise..
Take suggestions from estate agents
Every neighbourhood has a price tagged to it. Keep asking estate agents you collaborate with as to the holding price in your locality and the home renovation you need to do to boost the price value. They can be more helpful than a fat load of books on the subject, courtesy their practical knowledge.
What addition, so you think, is the most instrumental in boosting the value of a house?