Selling an old house is a challenging task that cannot be accomplished overnight. Most buyers prefer newly built homes because they don’t need any work to be done and the modern architecture is a nice touch. People looking at older real estate usually expect a major concession, even if any flaws present are minor or negligible. If you want to improve your property’s resale value, you will have to invest in enhancing its features. You do not require a complete remodel or renovation that costs much more than the difference in market value it will cede.
You can drastically increase your real estate’s resale value by making the following adjustments:
1. Fresh Coat of Paint
A fresh coat of paint is an easy and economical approach to renew withered/stained surfaces. Choose a contemporary and catchy color scheme to bring life to your home’s interior and exterior. Paint everything from the walls, to rusty window frames and blanched doors. New wallpaper for indoors works too, as long as it blends with the property’s style.
2. Renew the Floors or Replace Carpeting
If your floors have chipped or become discolored over the years, potential buyers aren’t going to be impressed. In case your real estate has wall to wall carpeting, it has probably lost its former glory. The deterioration over time, paired with accumulated dust/dirt makes the place look shabbier than you realize. New vinyl flooring or olefin carpeting are the cheapest options for best results.
3. External Landscaping
When the exterior of your house looks amazing, onlookers will be compelled to step foot inside. Property that looks unkempt or tattered on the outside is likely to face rejection right way, regardless of how magnificent the interior – conclusion is that first impressions matters a lot. Foliage adds natural elements and gives a nice personality to the house. You can also refurbish an old fence or incorporate other artificial elements to enhance the appearance.
4. Renovate the Kitchen
A modernized kitchen is ideal to add value to a family home. The kitchen is that part of the house that experiences the most wear and tear over time for obvious reasons. Excess of heat and moisture in one place has that effect.
5. Revamp the Bathrooms
Bathrooms are exposed to the greatest water damage, thus tiling looks bleached or faded after prolonged use. Some deep cleaning and brand new features like dimmable lighting, wider shower head, wall length mirror, modern taps, and extra waterproof storage can transform your old bathroom into a luxurious mini-spa.
6. Install Energy Saving Appliances
Many people are adopting the green lifestyle in order to cut down living costs and reduce their carbon footprint. A house fitted with the latest energy saving appliances shall be favored, as it is financially rewarding in the long run.
7. Polish Wood
Doors, cabinets, floors, and other building structures made of real wood look beautiful, but they are high maintenance. If your home’s woodwork has lost its luster, restore it through staining and polishing. When the home’s wooden elements appear to be in good condition, you can expect quite a few good offers.
8. Improve Storage
We all own a lot of stuff nowadays, thus no amount of storage space is too much. An array of shelves and cupboards in the right places is something many buyers will appreciate. Bear in mind that the incorporated storage spaces should be compact and subtle.
9. Repair Water Damage
Any water damage, particularly in the roof, should be repaired immediately. Minor leaks tend to get worse over time, and fixing the problem becomes very expensive. Buyers will not be willing to invest in property that is going to cost a ton to make habitable.
10. Update Fixtures
House fixtures include switch boards, door knobs, bulb holders, and other handles. Updating fixtures is another affordable method to modernize an old house and improve its functionality.
Author Bio
John Adams is a paralegal who writes about widespread legal and social issues. He helps readers overcome challenges and solve many personal problems the smart way, rather than the hard way. He is also a technology enthusiast, eager to learn new things in the niche and share his understanding with the world.
