Tearing apart your old kitchen may be the cause of countless daydreams; however, first consider a cost-effective facelift. Things like changing fixtures, fresh paint, updating cabinetry handles or adding a decorative backsplash are simple and relatively inexpensive ways to modernize your kitchen and give buyers a better sense of the room’s true potential.
All Things Relative
Keep in mind that no matter how beautiful, a $35,000 bathroom does not belong in a $100,000 home. While bathrooms generate the same return as a new kitchen, a renovation will only get you what buyers can afford. Consider re-glazing the tub for a few hundred dollars before spending thousands on a complete remodeling. Changing the vanity can also give you the updated look buyers are searching for. Adding new faucets or a new mirror can be a dramatic improvement and can be relatively inexpensive.
Start with the Basics
Start with the basics: kitchens and bathrooms. According to Remodeling Online / Hanley-Wood, renovating your kitchen can generate approximately 71 – 88 percent return on investment, as most buyers like these areas to be in move-in condition. Avoid custom cabinetry in favor of something contemporary and neutral. The idea is to generate maximum appeal and increase the value of your property for the broadest possible audience.
CONSISTENCY IS KEY
One of the questions few renovators ask themselves is whether or not their changes match. Keeping the look and feel consistent will add continuity to the home and allow buyers to see where your improvements could lead them long term. Don’t neglect the outside of the home in favor of fixing the interior. Ensuring things stay consistent throughout the property gives buyers a sense that your property is worth top dollar.
Projects: easy and advanced
There are plenty of inexpensive improvement projects you can work on, even if you consider yourself a novice. If you feel out of your element, don’t hesitate to contact a professional to assist you.
Some great, do-it-yourself home improvement projects include:
Drawer and cabinet pulls
A fresh coat of paint can do wonders for the interior of your home, and landscaping is very important since it’s the first thing that a buyer will see upon visiting your property. In addition, a cluttered garage will disappoint buyers, and putting a little “sweat equity” into organizing your garage could make it much more appealing.
MORE ADVANCED PROJECTS
If you are more handy and capable when it comes to your household, there are a few other projects you might want to tackle:
Outlet plates and electrical switches
Kitchen and bathroom faucets
You should definitely be careful where live wires are concerned, but replacing outlets and installing updated light fixtures can usually be handled by a novice.
Get started today, and sell your home faster.
Metro Brokers Financial, Inc., 5775-D Glenridge Drive, Suite 200, Atlanta, Ga. 30328 A Georgia Residential Mortgage Licensee # 5892. NMLSR Unique Identifier # 163853. 404-847-2525