Give your home a makeover and increase its value!
Within the last decade the value of homes has soared. The renovation market of buying, upgrading and reselling homes is going strong with no signs of stopping any time soon. So it makes sense that if you're considering making any improvements to your home, they should be done in such a way to ensure they add value to your home.
Renovations that are built to last and take into account the unique situation of your home are far more likely to really increase the value of your property. However, on the flip side, a poorly thought out or executed renovation can significantly decrease the value of your home, so it's important to plan ahead and ensure you hire certified tradespeople to help you along the way with your renovation.
When renovating it's important to consider what improvements will actually increase the value of your home. Cosmetic changes such as painting a feature wall, updating the carpets and redoing the floor tiles can actually go a long way to improving the feel of your home and making it more pleasant and inviting to prospective buyers. While subtler changes might just go unnoticed. Remember that whatever cosmetic decisions you make, try and keep in line with current style trends and keep consistent with the house and neighbourhood.
The best way to get an idea for how you can make your house look like a million bucks is to look at it with fresh eyes. Pretend you're seeing it for the first time. Are there cracks in the walls or ceiling? Are there discoloured patches of paint? Are the light fittings an older style that just look a bit ridiculous? (Especially with energy-saving light bulbs installed..?) Maybe the door handles could do with an update? Or the tiles are chipped? Does the carpet look like it's going a bit thin in some places?
We all tend to stop noticing the flaws in our home after a while. We forget about the cracks and gaps and stop seeing the mess. However just like when you were tidying the bedroom as a kid, it's the details like making the bed and keeping the floor clean and tidy that can make all the difference.
Other areas to consider upgrading are the kitchen, bathroom and living rooms.Over the past 10-20 years there have been a lot of changes in style and there's a fair chance that your bathroom or kitchen décor could do with being replaced by something more modern and stylish. However don't go overboard – the last thing you want is a cool looking basin in the bathroom that's hardly functional.
Interior renovations aren't the only ones that can go a long way towards increasing the value of your home – exterior renovations can make a large difference as well. From simple landscaping to adding a deck or pergola, there's an outside renovation to suit any budget. Chat to a renovation expert for some great ideas.
Finally, remember to prioritise – if you have lots of ideas for how you'd like to give your home a makeover, try and choose the ones that are most likely to benefit you and your family; add value to your home; and not blow your budget. The last thing you want to do is spend a fortune on a half finished renovation that will actually make your house worth less in the long run!