18 Feb 10 Tips for Increasing Your Home’s Value in Today’s Market.
1. Inspect it.
Not every home improvement is cosmetic. Deteriorating roofs, termite infestation or outdated electrical systems — you can’t fix it if you don’t know it’s broken. Hire an inspector to check out the areas of your home that you don’t normally see. They may discover hidden problems that could negatively impact your home’s value. Small problems (such as a hidden water leak) can become big, expensive problems quickly; the longer you put off repairs, the more expensive those repairs will be.
One of the simplest, most cost-effective improvements of all is paint! Freshly painted rooms look clean and updated — and that spells value. When selecting paint colors, keep in mind that neutrals appeal to the greatest number of people, therefore making your home more desirable.
3. Find inspiration.
An alternative to hiring a designer is to search for remodeling and decorating inspiration take a look at our gallery you may find something you can’t live without!
4. Basement Remodel – Many people today want to use the space of their home as cost effectively as possible. One way to do this is by turning a basement into a usable space. A finished basement may be used for guest bedrooms, a home office, family room, or home gym. You can also create an in-law apartment or rental unit. Although it can be a significant expense, a basement remodel will absolutely increase your home’s value with a 75% return on investment.
5. Improve the air quality inside your home.
Air quality isn’t just about the conditions outdoors. If you have older carpets in your home, they might be hiding contaminants and allergens. . If your carpets should be replaced, choose environmentally friendly natural products like tile or laminate floors. Hard-surface floors are much easier to keep clean, don’t hold odors, give your home an updated look and, in general, are more appealing to buyers.
6. Popcorn Ceilings.
Where oh where do I start with the popcorn ceilings? Few structural elements date a house more than popcorn ceilings. If you want to remove an acoustic (popcorn)ceiling, you’ll first need to determine whether it contains asbestos. Asbestos was used as a binder in many construction materials before it was banned in 1978 for posing health risks such as cancer and respiratory disease. You’re not required by law to test for asbestos, but the Environmental Protection Agency strongly recommends it. If your home was built before 1979, the chances are very good that your popcorn ceiling contains asbestos. In fact, it’s not uncommon to find asbestos in acoustic ceilings installed in the 1980s because existing inventories were exempt from the 1978 ban. So please, before you go scrapping off the ceiling make sure it’s safe!
7. Small bathroom updates equal a big return.
Bathroom updates are always a smart move. Even if you can’t afford a full remodel, small changes such as a new tile, bathtub, light fixtures and paint can make a huge difference.
8. Kitchen updates. Hands down, one of the biggest returns on investment comes from a kitchen remodel. For maximizing your home’s value, kitchen updates are key. Start by swapping out the sink, or add newer appliance you can also, change the title and add new countertops. Even small kitchen updates will add big value to your home. Experts agree that kitchen remodels return an average of 80 to 85 percent of every dollar spent. You can expect an even higher return if you are remodeling a really outdated kitchen.
9. Bring the outdoors in.
Consider turning two standard windows into an opening for beautiful French or sliding glass doors. Full-view glass doors really brighten up the space and a light and airy room is always more attractive. Also, with a view of the outdoors, the room will feel much larger.
10. Refresh the exterior paint.
The condition of your home’s exterior is key to the overall curb appeal, so refresh that facade with a coat of paint. Fresh exterior paint will not only preserve and protect your home’s exterior siding — the right paint color can make a dull home dazzling. By the same token, a house painted with an overly bright or overly bland color will make a house less appealing and hurt the value, so choose your colors wisely. Should you decide to put your house on the market and the exterior paint looks bad, a buyer will assume that the interior of the home has been neglected too and drive right past.