One of the things that people struggle with when selling their home is how to increase the value and how to sell it fast. As a licensed state-certified appraiser for over 20 years the most common issue people have is not knowing what renovations or updates they can do to actually sell their home for more. At R.E. Appraisal Associates of SWFL, Inc. we have seen it all and we have the experience to know what will and what won’t help you sell your home.
Refinishing a Basement or Attic Space
This isn’t always financially an option for homeowners because it does cost more to have your basement or attic finished as a living space than smaller home renovations. That is why most homeowners don’t consider having it done. However, this is by far the easiest and cheapest way to increase the amount of living space in your home.
For anyone who has been considering having an addition done on their home, have you looked at simply finishing your attic? Since most homes in Florida don’t have basements, attics tend to be more common, and are still a great way to increase the value of your home!
When done right, finishing your attic into additional living space can seriously increase your market value. In reality some homeowners could even complete the project themselves. All you will need to do is hire an electrician to run wires up to your attic for lighting and outlets. Then you will need to lay down a floor, insulate your attic (if it isn’t already insulated), install drywall for the walls and ceiling, and then paint.
If you are a home improvement type or a DIY kind of person this project is something that you could do in your free time with little to no help (as long as you know what you are doing and take the necessary safety precautions).
Even if you aren’t a do it yourself type of person having these types of renovations completed is much, much cheaper than having living space added on. Not to mention a finished attic is always a favorite space for kids play rooms, game rooms, bedrooms, or even as a man cave.
When it comes to getting the most for your money painting is by far the best way to maximize your return on investment. Painting might not seem like a big deal, and many homeowners would prefer to just wipe or wash down walls. However, when potential buyers walk into your home they will be able to tell the difference between what has been freshly painted and what has not.
Painting can not only help command a higher sales price but it can also peak buyers interest and help you sell your home faster. Remember thought, the paint colors matter! When looking into having your home painted it might help to get the opinion of a professional. You want to make sure that you are looking at modern style but look at ones that match the style your home already has.
You wouldn’t want to paint your home with warm farmhouse type colors when the rest of your home has a mediteraninan feel. They styles simply won’t match up. Making sure that the colors you choose work well with each other from room to room is also important. Having a flow to the house really helps the entire home feel connected.
Last but not least, making sure that the outside of the house is repainted can really help add to the curb appeal. You want to make sure that you choose something subtle, yet bold enough to help your home stand out from all the others. Using a bold color to paint your front door can be enough to draw in potential buyers who would have otherwise never looked twice.
Everyone knows that a kitchen remodel can be one of the best ways to update your home to sell it fast. However, remodeling a kitchen can be expensive. Even though a kitchen remodel is a great investment and can increase the market value of your home, not everyone has the money to invest in an entire kitchen remodel.
On average a kitchen remodel costs around 150 dollars per square foot. But there are some tricks that you can use to help save on that initial cost.
One of the most popular remodeling choices is to update the cabinets. This is where you can save some money. If the cabinets themselves are in good working condition then why not simply update the doors? The front of your cabinets can look sleek and modern while you save on the cost.
Another great cabinet inspired idea is if your cabinets are in great condition and made from solid wood you can simply paint them to give them that updated look! You will want to make sure that the colors will match the rest of the kitchen but a simple paint job might be all that you need to make your kitchen look fresh and new!
Another way to give your kitchen that updated appearance is the additional fixtures. When it comes to lighting a simple dome light or ceiling fan can make the place look a little drab. Go ahead and look for some interesting hanging lights or other unique light fixtures. Adding a little touch of modern sophistication will help your kitchen seem more lively.
The faucet is another important update. Instead of completely updating the sink, try simply changing the faucet. This is a big selling point for the kitchen so make sure that the faucet matches the rest of the decor but stands out as well!
The countertops are arguably the most important part of the kitchen. This is the one area in which you don’t want to try to penny pinch. The counters are going to be the focal point of the entire kitchen.
But with the ever changing trends picking the type of countertop you want to update to can be very difficult. Trends are always changing every few years. Not to long ago, one of the most popular choices in countertops was laminate or solid-surface countertops. Now, those materials are not that popular.
Stone countertops like granite or marble are always popular options and show no signs of being a “fad”. Stone is always the safe choice when it comes to updating your kitchen counters and are going to be the most important update that you can make to your kitchen.
Need Help with Your Home?
To learn more about appraisals or to schedule an appointment contact RE Appraisal Associates of SWFL. Our dedicated team can help you to better understand the process and help you with a quick and accurate appraisal so you know what your home is truly worth. Give us a call today at 941-743-3700.