Monday, May 23, 2011

Best Ways of Adding Value to Your Property

Best Ways of Adding Value to Your Property
By Ruth Williams


Despite a poor housing market over the past five years, owning a home is still one of the best ways to build long-term equity. Ensuring all the DIY projects are completed before putting a house on the market is essential. If funds are in short supply is might be a good move to take out out a short term payday loan so home improvements jobs can be completed. A tidy house is more likely to appeal to prospective buyers so could speed up the sale of a house.

When looking to improve the value of your home, there are several projects which historically add the most value and have the best overall return on investment. Some of the most commonly used are listed below:

Decorating

It's remarkable the way a coat of paint can brighten a property up and create a fresh, clean look. Light, neutral hues will create the impression of space and allow potential purchasers to view the area for what it is and not be sidetracked by any decorating mishaps.

New Carpets

New life can be breathed into houses by having new flooring or carpets. New carpeting will also help to eliminate any stale aromas which maybe lingering. Decide on something neutral and plain when selecting any new floor covering.

Add a Room

Amongst the best ways to add value to your home may be to add on a room to your home. Property prices are likely to escalate depending on how many bedrooms and bathrooms that they have. In some scenarios adding a bedroom could be costly as it will require you to construct an additional room. Nonetheless, numerous loft spaces could actually be easily and inexpensively transformed into an extra room.

Revamp The Kitchen

Redeveloping the kitchen is also a good way to make a house more appealing to buyers. A home's kitchen is often a place where people congregate regardless of whether they are cooking or eating and when home buyers are looking at homes, it is often one of the first aspects of a home that they look at. By modernizing your kitchen area you could boost the value of the property immediately and make it a lot more marketable should you be looking to sell. Some of the best improvements to consider when you are looking to upgrade your kitchen might be to get new cabinets, install granite work surfaces, or purchase more fashionable and coordinating appliances.

Energy Efficient Improvements

Over the past couple of years much more focus in home design has been on getting more energy-efficient and lowering the carbon footprint. Due to this growing movement, making changes to your property will increase the value of it and attract more possible buyers if you are looking to sell. A few of the most effective improvements to make would be to install energy efficient doors and windows. These products help keep your property at your preferred temperature, which can reduce your energy bills throughout the year. Furthermore, installing energy efficient home appliances in your kitchen and utility room will further lessen your energy and water bills every year.

First impressions count for a lot when trying to sell a property. Possible buyers go a lot by gut instinct, so if they get a good first impression when they set foot in a house it can go a long way to actually to sealing the sale of the house.




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Best Ways of Adding Value to Your Property

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