Revamp To Sell: Inexpensive Upgrades That Increase Your Home’s Value

renovating to sell : Inexpensive Upgrades That Increase Your Home's Value

The real estate market can be a real shark tank, especially if you’re new to the property game and want to sell your home for a small fortune. The real estate hoops can get even trickier if your home has a few decades under its belt and is in a less than peak repair: in this case, you’ll have to tend to major issues before you go on to advertise your property in local listings. It may also be a good idea to carry out a few upgrades to increase your property’s market value and leverage access to a greater number of potential homebuyers. But which projects pay off most and how exactly can you revamp a piece of property on a limited budget? It’s not simple, but it’s viable, as long as you know the basics of lucrative home improvement endeavours – and if you don’t, it’s never too late to arm yourself with all the tips and tricks in renovation to increase home value.

1. A Kitchen Facelift
renovating to sell : Inexpensive Upgrades That Increase Your Home's Value
Kitchen upgrades are one of the home improvement projects that provide highest ROI and value for money, so if your cooking area is looking a bit worse for age and wear, it’s the right time to give it a floor-to-ceiling facelift. Pick a neutral hue such as white, soft peach or ivory for walls paint and update cabinetry with a fresh coat of pastel colour.

Another inexpensive kitchen upgrade, swapping pulls, handles, and knobs with new ones will give a whole new look to the storage units, and you can also touch up the appliances with epoxy paint to take the cosmetic revamp to the next level.

Another inexpensive kitchen upgrade, swapping pulls, handles, and knobs with new ones will give a whole new look to the storage units, and you can also touch up the appliances with epoxy paint to take the cosmetic revamp to the next level.

2. Bathroom Royale

renovating to sell : Inexpensive Upgrades That Increase Your Home's Value

Source: hgtv.com

Apart from kitchen updates, partial bathroom renovations are another lucrative home upgrade that will add value to your property. Replace old tiles with new ones for an instant aesthetic boost, and see whether you can swap the battered tub for a suave glass-walled shower.
renovating to sell : Inexpensive Upgrades That Increase Your Home's Value
Image 5 source: elledecor.com

Also, damaged plumbing and fittings should be taken care of immediately: homebuyers regard leaky vents and rust as red flags. Signs of mould should be eliminated as soon as possible, and a fresh paint job will help add the sparkle to the shower room.

3. Lights For Profits
renovating to sell : Inexpensive Upgrades That Increase Your Home's Value
Source: roseuniacke.com

A well-lit nest is a homebuyer’s dream come true, and the lighting upgrade costs little compared to the total value added. Take down the heavy drapes and let sunlight flood the rooms: not only will natural light add to your property’s aesthetic value, but it will also make it look airier and a bit bigger. As for nighttime lighting, you can place tall floor lamps and track lighting at strategic points in the rooms to bring out the finest aspects of existing décor. For bonus points, you can swap conventional incandescent bulbs for LED or CFL lights – modern house hunters appreciate green touches as they are aware sustainable home features are a byword for long-term savings.

4. (Home) Work of Art

renovating to sell : Inexpensive Upgrades That Increase Your Home's Value

Homeowners whose property is on the spacious size can dress up the walls with acrylic wall art: it costs less than covering blank walls with wallpapers, it’s easier, and it takes less time, too. To turn your home into a work of art, you should style all the rooms with accessories that compliment the existing colours and style of the house; when it doubt, simplify and choose pieces that are neutral, restrained and elegant,  as this will present your property to the buyer in the most welcoming light.

renovating to sell : Inexpensive Upgrades That Increase Your Home's Value

Cover the floors in recycled designer rugs and scatter modernist cushions with graphic designs across the sofa and bed to achieve an artistic yet homely impression. You can also dress the beds in supple linen to make the bedroom inviting and help the future owner imagine themselves living on the property.

5. Storage That Fits

renovating to sell : Inexpensive Upgrades That Increase Your Home's Value

Source: septembrearchitecture.com

Storage space is one of the most important aspects families look at when picking a future home, so your property should be ready for the challenge. A wall-to-wall wardrobe will be a profitable upgrade that will increase both your home’s appeal and its functional value. You can also use open-back shelving to divide large rooms into separate visual units, or you can transform vacant corners and nooks into storage space with the help of DIY shelves or reclaimed drawers.

6. Curb That Appeals

Curb appeal is the first thing homebuyers get to see during a tour of the property, and it’s also a convenient tool for you to hook them and inspire interest in all the goodness that awaits them inside the house. Clean up the yard, coat the lawn with fresh turf, touch up the driveway, apply a fresh paint coat to the front door, and place a few large tropical plants at the entrance to add warmth and sparkle to the area al fresco. You can also throw in houseplants around the house before the viewing to make your place more welcoming and infuse the space with freshness and natural charm.

renovating to sell : Inexpensive Upgrades That Increase Your Home's ValueSource: unsplash.com

Property price trends in the Land Down Under are constantly changing, and so are the needs of modern homebuyers – but this doesn’t mean that you should settle for a figure lower than the one you think your home can win on the market. Instead of losing a small fortune to property in disrepair, you should invest just a bit of care and elbow grease and doll up your home following the tips listed above. The beauty of a home is in the little things, so make sure you’ve dressed your estate in its finest cloak before interested investors come knocking on your doors.

Written by Chloe Taylor

Chloe consulted real estate experts from Lifull in the writing of this article.

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