If you're planning on selling your home in the future, even if it's the distant future, you'll probably need to make some updates and renovations to stay competitive in today's sluggish market. In order to command a high price and add value to your home, be prepared to spend some initially.
Although you may think that the bedroom or living room is going to suck in the buyers, there are two key places that you should focus on and invest the most in - the kitchen and bathrooms. These rooms reflect the seller's tastes and lifestyle and are the main selling point of any home.
Bedrooms and living rooms can be fairly plain. A fresh coat of paint, decent flooring, and lighting are generally all that is required. Kitchens and bathrooms, however, have a variety of different components. A bedroom with a small closet can be worked around, a kitchen with a poor stove, however, will make potential buyers run.
Kitchen remodeling can be very costly, especially if you have a very outdated one to begin with. If you know that your remodel is going to involve more than staining the cabinets, you should start as early as possible. There are many unseen setbacks that can delay finishing projects, such as material being out of stock or arriving late.
Modern kitchens are generally spacious, full of light, and sleek. Marble countertops are preferred, but concrete can look just as great for a fraction of the price. If you can afford it, custom cabinets make a big impression and can add huge value to your home. If that's not economically feasible, sanding, repainting, and adding new hardware can make a slight improvement.
Another addition that will be somewhat costly is stainless steel appliances. It may seem excessive, but you can easily double your investment and command a higher price for your home. You'll also look more attractive compared to competition that lacks these amenities.
Bathroom remodels are second in line on the list of most important home features. People often find it beneficial to expand half baths or smaller ones, and even add an extra bathroom if there is only one. Like kitchens, the bathroom should feel open and spacious.
If the structure does not allow enlargement of a small bathroom, you'll need to make the most of what little space you have. Move toilets and tubs to maximize space. Double sinks are important, especially in the master bath. Glass doors rather than curtains can also have a large impact on your sale. Think sleek and functional.
Even if you can't afford the stainless steel stove or the marble washbasin, it is important to do the best with what you have available. Cheap fixes that make a big difference when remodeling kitchens or bathrooms include window treatments, paint, overhead lighting, and new cabinet hardware. These updates will not only add value to your home, but can help you sell it faster when the time comes.
by Andrew Stratton www.goarticles.com