The property market is very unpredictable nowadays – sales are slower and buyers more demanding. It can therefore be difficult to make a profit on selling your home unless you think carefully about how to make it more marketable. Increasing the living space is always the best way to add value to property, for example by building an extension or conservatory or converting a loft or basement, but this can involve major work and a large outlay. For those who can't afford to make such big changes, simply renovating or redecorating can make a difference, and it needn't be expensive. In fact, you should be wary of splashing out too much money on cosmetic changes as the increase in property value that they will achieve is normally quite limited. Having said this, if you spend wisely, you can make your home more marketable and increase your profit when you sell.
The key selling features of most houses are the bathroom(s) and kitchen, and updating them can make a house much more attractive to homebuyers.
A bathroom is no longer a functional room – it's now a place of luxury, a sanctuary within the home where we can relax from our busy lives. People are looking for stylish design and luxury features – heated towel rails, whirlpool baths, multi-jet showers, fitted furniture, and sink vanity units. You don't always need a large room to achieve this – there are many clever space-saving options available, such as combined furniture and suite units, wall-mounted towel rails, a shower over the bath or corner sinks and toilets. An it needn't cost the earth either – DIY stores have a wide range of bathroom furniture, suites, fixtures and fittings. Always play it safe though – neutral white is the best option, as it can be co-ordinated with any colour of décor to suit all tastes.
Ensuite toilets are very attractive to homebuyers and will add value to a home, as long as they're in a good location in the bedroom and don't detract too much from the bedroom space.
The same is true of kitchens – people want style, luxury and space. Kitchen design is very important and there are many modern ways of maximising what room you have. New fitted kitchens can be very expensive though, especially if you're having all the work done by a professional company, so you may not recoup the value in the short term.
A major turn-off for homebuyers is a home with no central heating as it can require a great deal of work and expense – installing a boiler, laying pipes and fitting radiators. However, if you have the work done yourself before putting your house up for sale, you'll increase the marketability of your property and you're certain to make your money back when you sell.
Replacing windows can make a big difference too. Aside from the fact that old window frames can make a property look unsightly, they make not provide effective insulation. New windows can reduce heating bills dramatically and can be easier to maintain, particularly the uPVC variety. Beware of fitting uPVC windows in period properties though – they can look cheap and out of place. New double glazing units on all your windows shouldn't cost more than a few thousand pounds.
Even just a lick of paint and a few new soft furnishings can make the world of difference to freshen up a room and make it look more attractive. Redecorating isn't expensive and it's easy to do yourself. Choose fairly subtle or neutral colours to try to appeal to most tastes.
Here are some useful tips to consider whatever work you decide to carry out on your home:
* Do a cost-benefit analysis – is it worthwhile? Are you likely to make your money back?
* Hire a plumber, electrician or joiner for some of the tricker parts – or at least consult someone for advice. They may be able to provide you with useful guidance on how to carry out the work.
* Before you start, always work out a budget and decide where you will get the money from to finance the work.
* Don't bite off more than you can chew – only do as much work as you can afford in terms of both time and money.
Market Value Of A Home
There are a variety of places that you can find great remodeling ideas:
* Magazines
* Interior Design Studios
* Other Homes
* Building Supply Centers
* Internet Sites
* Friends and Family
But remodeling your home takes more than just a design. A home remodel takes a lot of effort and dedication on your part. You are going to have to be passionate about getting those new cabinets into your kitchen. Without passion for your remodel it is difficult to create the feel and appearance that you are looking for.
You are going to be the one responsible for creating the end result. Although contractors and builders will be doing the actual work, it is up to you to describe exactly what you will need. The better you can describe you needs, the better vision others will have.
This description is a difficult part of creative home remodeling. Often, people know exactly what they want the end result to look like, but their lack of ability to clearly describe it can ruin the end product for them.
When narrowing down your remodeling vision it is important to remember three things.
1. Details - Don't leave any detail out, no matter how small. The more detail you can give your contractor the better they will be able to see the vision that you see.
2. Questions - Ask the people working on your project a lot of questions. Try to get a feel for their understanding for the end result. If it becomes clear that they are not seeing the same finished product as you...then go back to the details and try again. Don't be afraid to clarify that everyone working on your project understands what you want.
3. Don't be shy - This is not a time for shyness. Talk directly to all parties involved and don't go through a third party, emails, or voicemails. Only directly in person can you be sure that your vision is fully understood.
Your home remodeling experience can be a great one if you keep these factors in mind.
Home remodeling is one of the most stressful things anyone can do. It is a process of destroying, then rebuilding a piece of property that is very important to you. So don't start your project until you are truly ready to dedicate yourself to it.
Once you are dedicated to your remodeling project, make a clear plan for the finished product and be sure to share your plan with all of the parties involved in completing the remodel.
Lastly.... Relax. Remodeling is stressful, but if you are clear and decisive with your vision, then you will have little to worry about. Continue to check with the workers on your project to ensure they are still seeing the same vision as you, then relax and try to enjoy the process of home remodeling.
Both Benedict Rohan & Remy Jirek are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Benedict Rohan has sinced written about articles on various topics from Computers and The Internet, Mortgage and Business Plan. Benedict Rohan Benedict Rohan works as a freelance finance writer.. Benedict Rohan's top article generates over 6600 views. to your Favourites.
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