Do you want to sell your home? Are you planning to renovate your home, making it luxurious and comfortable? No matter the reason, make sure that the renovation adds significantly to the property value. Real estate expert Nick Statman suggests how to decide on the right kind of upgrade to make it a valuable addition to the property. It is about focusing on the functionality and aesthetic appeal of the place. The right upgrade decision can also impact how much you can get by selling the property in the future.
Let us take you through top upgrades that create a lasting impact on a property.
Renovate the Kitchen
The kitchen is the heart of your home, and this is mostly the place where you spend most of your time. Upgrade the old appliances to new ones, and renovate the walls and the setup to the latest modular kitchen. Make simple changes that can enhance the curb appeal of the place. Maximize storage, enhance the lights, install new countertops, and others to make changes in the kitchen space.
Work on the Open Living Areas
Real estate experts like Nicholas Statman suggest homeowners focus on open spaces. The main idea is to create more open living spaces for flexible and free living. If there are non-structural walls, it can make a corner look spacious. The more open space, the easier the flow of your home, and it is what most potential buyers look for. Create more of a light-filled layout that will have the best impact on open areas in your home.
Upgrade the Paint and Flooring
Renovating the flooring and applying a new coat of your favorite paint is a must-have when renovating your home. It adds a fresh touch and robust floor work is in demand as it enhances the curb appeal and makes the floor durable. Choose bright or neutral paint that makes a room fresh, clean, and large. These are key factors to attract buyers later in.
Improve the Energy Efficiency Level
Modern buyers are into buying energy-efficient homes, and this is what real estate expert Nick Statman suggests to homeowners. It includes a better insulation system, an improved heating and cooling system, and a better window system. This overall renovation helps reduce energy bills, and this is where smart homes are in demand these days. Such renovations are sustainable additions to a property value and necessitate the use of energy-efficient appliances.
Renovate the Bathroom
A lot of a property’s market value depends on its bathroom. A clean and contemporary bathroom space needs little attention. Add in new vanities, faucets, and a walk-in shower to make a bathroom look beautiful. Depending on your budget, try to make the luxurious changes in the bathroom area for the best outcome.
Before you invest in any renovation project, it is better to research market projects and know about the trends from experts like Nicholas Statman. Consulting an expert can help make necessary changes in a project that offers a high return on investment. This is how a homeowner can decide to upgrade home value and earn better returns in the years to come.
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