You don’t intend to sell your property soon if you reside in it, and you don’t have prospects of moving to a different place. However, when you have real estate, you always need to think that there might come a time that you will sell it. You might receive a job opportunity elsewhere. You might also have a growing family, and the time comes to move to a different house.
It helps if you can find a way to increase the value of your property so that when that time comes, you will earn handsome profits. Besides, even if you don’t intend to sell it soon, investing in home renovations and additions will still benefit you. Here are some of the best methods to drastically increase your property’s value.
Knock down some walls
It does not mean you will destroy your house, but you can allow more light to come in, and make the rooms look big with additional space. People searching for homes these days are particular about the size of the property, and how it feels as they go inside. When they feel like the place seems cramped, they might not like it.
Improve kerb appeal
The exterior will be the first area that people see. You need to create a positive first impression by improving this part of your house. Invest in landscape and maintenance of the lawn. Make the garden look colourful. Add a deck and other furniture that will make the area look cosy.
Save an extra room for a home office
People love bringing work home. If potential buyers see that you have an office space in your house, you can easily tempt them to buy it. Make sure there is enough outlets, a phone line, and internet router access. It also needs to have the right furniture to make it look and feel like a real office.
Finish the basement
Most people have a basement, but it looks messy. You can transform it into a playroom for kids or a media room for entertainment or song recording. You can also consider having an additional bathroom in this area. If your house is in a tornado-prone area, you can secure the basement so that you can hide there during those instances.
Improve the kitchen
Home buyers want a kitchen they can enjoy. Make sure that you spend enough money on beautifying the kitchen. Install countertops made from granite or marble. Update the appliances and improve the sink. Change the tiles to make them look appealing. You can also buy an island where you can prepare food ingredients.
Buy a freestanding bath
Don’t forget to also invest in your bathroom. Choose one of the many freestanding baths on the market nowadays. You will benefit from having one since it helps to keep you relaxed. If you want to sell your property in the future, the freestanding bath can be your selling point. You can convince people to buy your property if you have one.