How Can A House Sell For A Higher Price By Simple Cosmetic?

How can a house be sold at a much higher price?
A simple renovation can make a huge difference.

From subtle changes like a swipe of paint on the windowsill to big renovation ideas that involve completely gutting the house and starting over. In fact, a proper cosmetic can attract more attention from buyers, the house can sell faster, and sell for a higher price.

But there needs to be a careful balance when making these choices. Spend too much and you won’t recoup your costs, not even try to make a profit on the sale of the property. Spend too little and you may not achieve great results and maximize the portion of exceeding value.

Here are 7 IDEAS to consider when planning a property renovation to add value to your investment and increase profits.

Laying the floor

Oddly enough, many people neglect the floor of their house. But it can be an easy way to make a space feel larger. Consider replacing the old carpet and putting down wood flooring. However, instead of opting for expensive hardwood floors, look at cheaper alternatives that can provide the same, if not better, results, such as the cost-effective Vinyl Flooring.

Wall Paint

Paint can say something powerful. A fresh coat of paint is an easy, inexpensive and quick way to update the look and feel of your house. When repainting, try to choose neutral colors. This allows people to easily visualize the space they want to create. Lighter neutral colors also make a space feel larger, lighter and more open.

Highlight unique features

Most houses have something that makes them stand out. Highlight these unique features – whether it’s the house’s particular facade or exposing some of the brickwork around the fireplace. These simple things can add tremendous appeal and value to a property with very little investment in a remodel.

Kitchen

The kitchen is one of the most important parts of the house, and if you want to add value to your investment property, you should carefully consider what can be improved in the kitchen and how. However, again, according to most cost vs. value reports, people often don’t recoup their costs from major renovations.

Instead, consider doing a small to medium sized remodel.

• Properly refurbish cabinets with a fresh coat of paint and new cabinet handles.
• Replace old, antique appliances with new ones from the high end stainless steel range.
• Granite countertops are beautiful, but very expensive and more difficult to recover the cost, it is recommended to use other materials instead.

The last Tip, people like to have an island kitchen.

Bathroom

The bathroom is often overlooked, but there is good reason to believe that it is one of, if not the most important remodel in the house.

Bathroom Renovation
When it comes to remodeling a bathroom, consider functionality, keep it simple and clean, and use sparkling faucets and shower-heads to draw attention to the room and make it stand out.

Others may be consider:

• Underfloor heating.
• lighting.
• walk-in showers.
• Keeping clean.
• Make sure the gaps between the floor tiles are cleaned.

Appearance of the house

First impressions are important. When it comes time to sell, the first thing a potential buyer will see is the exterior of the property. They will park their car outside and walk to the front door. If they see an overgrown garden, peeling paint and cracked windows, they probably won’t buy – no matter how nice the inside is. If they think they’re walking into a crack den, they’re more likely to leave without even looking rather than making an offer.

To lay out a beautiful garden, consider drought-tolerant plants and other low-maintenance foliage, or if you’re not a good do-it-yourselfer, hire a professional to set up the garden.

According to the Cost vs. Value report, one of the best improvements is adding faux stone finishes to the exterior of the house, which greatly improves the exterior appeal of the property and, on average, people recover more than 100 percent of the project cost at the time of sale.

Energy efficiency

Modern renters and young buyers are strongly eco-conscious. A property with a smart thermostat, quality double glazing and an energy efficient boiler will have great appeal. Each of these updates can add value.

Conclusion
There are many things you can do to upgrade a house. Depends on the property itself, as every house is different. Renovations, when done properly, will greatly increase the sale price of the property and increase the rental income of the property. Just giving the house a simple cosmetic before listing.

Source: Article is recreated from landlordstudio.com. “Top 9 Renovation Ideas To Improve The Value Of Your Investment Property” By Ben Luxon. Photos used from the article are from Google.com