4 Amazing House and Lot Renovations to Increase Property Value
If you are looking for a business that earns big profits instantly, buying and selling house and lot is worth a try. I know some individuals who started to accumulate their fortune by doing this business that’s why it has been my dream to be involved in this business someday. Though it’s a very expensive business to start, having the right attitude, proper mindset and proper planning can still get the job done.
So if you are like me, who wants to start to buy and sell house and lot in the Philippines, here are the things that you can do to increase the value of your property:
This is the most important upgrade to start with. Typically, as a buyer one of your main questions are the basic things like: Is the roof leaking? Does the house look good? Is it properly painted? Is the wood still sturdy enough? Does it need replacement? Are there termites that should be treated? Are the pipes in a good condition? Are the wiring still safe for use? We all know that buyers want a healthy, safe home that can be lived with the most minimal maintenance. Addressing these problems earlier, will help you increase or at least maintain your house’s value over time and save money.
Houses with a wide open floor plan are attractive for buyers. Maximize the current space that you have to add additional space inside the house. If you have an attic, present it as an additional work area, study room, bed room, family room or even a library.
Also, under-utilized spaces like under stairways spaces can be converted into storage spaces for shoes, bags or even kitchen supplies.
Upgrade your Bathroom and Kitchen
In the US, almost all brokers agree that enhancing your kitchen and bathroom is good way of increasing your house’s value.
For the bathroom, replace old, dripping and rust faucets, clean the grout, change the seat cover, replace or repair the non-working flush, paint the cabinets and clean everything as if it would look as new as possible.
For the kitchen, repaint or re-varnish kitchen cabinets, clean or paint the walls, replace old faucets and make sure that the pipes do not have leaks.
The façade of a house is the most important upgrade here. If you will put yourself on a buyer’s position, the front door or the façade is the first thing that you will notice. Before putting your house on sale, make sure that everything outside the house looks good and ready for selling. Make it look like that the house looks vibrant and inviting.
For a vibrant and inviting house, you can do the following:
- Replace the front door if needed, if not repaint or re-varnish it. You can also consider repaint jobs on your front gate.
- Make sure that the lights and door bell outside the house is working.
- Invest on landscape. If you have a garden outside, make sure that the trees, plants, mini pond looks desirable.
- Doing these things will greatly increase the appeal of your house to potential buyers. With a properly maintained house, everything will be in place. You will sell your house instantly at a high reasonable price.