Even if you are not planning to sell the house which you are buying, it is always great to know how you can increase its market value when your own it. For both residents and investors, increasing a property’s value can be a complex task and most of the time, home buyers go for unnecessary upgrades that not only add extra burden on their budget, but also don’t add much value to the house.
Check out these 5 ways to easily increase your property’s value without breaking the bank.
- Paint It
One of the cheapest ways to make an improvement in your house’s worth is painting the walls. Newly painted areas look updated and clean, meaning that your house’s value is rising. Be careful when you select the colours for your home because the psychology makes all the difference. No matter whether it is a dark shade or a light one, make sure you strategically paint the walls.
- Make Energy-Saving Upgrades
The money you are going to send on energy bills can be saved by making energy efficient upgrades to your house. You may feel that the energy bills usually need a fixed amount every month, but if you look at the bigger picture, you’ll find that energy efficient upgrades will not only save you money, but doing so will also make your home worth reselling at a better price. You can use those benefits as marketable assets.
- Improved Air Quality
Buying a villa in an under construction community can be the best thing you can get today. If you focus on improved air quality and making more arrangements for clean air and light, it will surely help you get more money when you sell the property. It will not only improve your health and lifestyle, but will also make your property’s worth more than what you expect.
- Small Kitchen Updates
Kitchen updates are always a great move. If you do not wish to remodel the entire kitchen space, you can simply go for small changes which are sure to improve comfort and functionality of your place. Installing some new fixtures or upgrading the ones that are part of your contract can also help you do the same within your budget.
- Regular Maintenance and Repairs
Once you move into your house, make sure you keep checking things that need attention. Don’t procrastinate or delay any repair and maintenance work. Ignoring the problems can invite big trouble in the future and can cost you more. So, always keep your property maintained and get the repairs done whenever the need arises. If you don’t feel comfortable in handling all the repairs or maintenance related stuff on your own, it is better you hire some help. You can borrow the contact list of your real estate developer, as they have good contacts with reliable and trustworthy people who provide the services you may need at any time.