Since the margins in the real estate resale are usually high, more and more people are deciding to sell their homes for profits. Do you know that you can make good money just by reselling old homes? But this is not as simple as that. You will surely have to invest some money in home renovations which can boost the resale value of your home.
Also, the kitchen is an integral part of a home and must be renovated before selling. For this, you may need to consult kitchen designers in your area. The most important thing is to acknowledge that not all home improvements can add value to your home. You can visit HEILMAN RENOVATIONS if you are looking for a home renovation company.
Common Renovations that Add Tremendous Value to a House
1. Kitchen Renovation
The kitchen is considered the heart of the home. Investing in it will surely recover your money. However, don't spend lavishly on the kitchen renovations. People sometimes put extra effort to give their kitchen a luxurious look which is not recommended.
It is a less likely chance that you will be able to sell a house just because it is having a deluxe kitchen. Instead of spending heavily on the countertops to make a fancy kitchen, try to make asymmetry of the kitchen with the rest of the household.
One more trick which adds value to your kitchen is energy appliances. By replacing older appliances with new star rated appliances will boost the value of your home. Potential customers always prefer to save some money and your new star energy rated appliances will solve their purpose.
2. Adding An Extra Bathroom
If there is only one bathroom in your home, you can expect a 30-40% hike in your spending just by adding one washroom to your home. You can choose one bathroom as a half-bath while the other a full bath. For the bathtub, the required area must be 35 sq ft. Add elegant sinks and use Eco-friendly paints wherever required. This will significantly raise the value of your home.