Best Home Remodels to Get a Higher Sale Price
Are you planning to sell your house? Have you already put it out on the market? Are you looking to get the highest sale price? Remodeling your house at this point and making subtle repairs and changes could really help you here. Spending some money on remodeling could fetch you a higher price for the property in the market.
Here is a list of some of the best home remodeling ideas to get a higher sale price for your house.
Pay heed to kitchen and bathroom remodels
This is one of the best places to start your remodels. If you are on a tight budget, it is best to focus on the kitchen and the bathroom, instead of the bedroom or the hall. In the other situation when you have a bit to spend, it would be a good idea to start from these places.
There are two reasons for this. First and foremost, this is where the purchasers mainly focus on and these areas increase the aesthetics of the house. Secondly, when a visitor checks the house for purchasing it, they will be considering the renovation costs of the house and bathroom and thus, if they are already well maintained, you would be able to quote a higher value!
Change the paint
Changing the wall paint at home could do you a lot of good! This is a very easy and convenient method to give the house a new look. This avoids the costs of heavy repairs and renovations. But it has the power to transform the whole place.
One interesting idea would be to choose the colors carefully. Usually, the light shades and hues tend to go better with the transformation process. Darker shades, despite their newness, tends to give a dark, and morbid look to the house. The halls require special attention while choosing the colors!
Focus on the market trends
Most sellers make the mistake of remodeling the house based on their own tastes and preferences. But, it might be so that others do not share the same view and might want to add other changes. The key here is to opt for something neutral, based on market trends. It would be a good idea to listen to the real estate agent in this case as they might have the right idea to the market demands.
For instance, you might want to design your home like in the 1990s. But if the market trend does not allow for that, it is best to opt out of it.
Have a practical remodeling approach
A lot of homeowners go overboard and end up spending too much money on the repairs. For instance, if you want to sell your house and you remodel it to have entirely new flooring at home. This would not be the best idea since here you would be spending more on the repairs and would not be able to cover the costs in the sale.
The idea here is to take up the bare minimum repairs and remodeling required to sell the house at the best price. The real estate agents could shed light on the renovation costs vs. property value for you to take the right decision. If you’re unsure, you could also opt for real estate coaching.
Opt for countertops
Considering the market trends, it has been observed that countertops are a good idea if you are hoping to get a higher price for the property. Most visitors and potential buyers place this kind of design in high regard. This also resolves the issue of having less space in the kitchen.
These are a great addition to have at home and do not drill a big hole in the pockets either. Yes, it is true that the designs and the material might vary, but the concept is pretty much a hit idea amongst the buyers.
Repair rather than replace
This is a concept unknown to most people. When you are about to put your house in the market for sale and want to get the highest price, you prefer to renovate the whole place. This could include changing the floor tiles, the walls, the paint, the kitchen, the bathroom, getting in new furniture and the likes.
This basically entails replacing everything at home. However, this might not always be the best approach to selling your house. The idea is to repair the existing place, bring in minor changes instead of replacing the furniture and the designs around.
For instance, if you have hardwood furniture at home, instead of replacing the whole thing, you could merely sand it and give it a whole new look. The lower your house remodeling costs are, the higher will be your profit from the sale!
Keep these points in mind and we’re sure, you will be able to get a better cost for your house.