How to get the most bang for your renovation buck.
If your house hasn’t been keeping up with the times lately or if you’re looking to upgrade a property and flip it for a tidy profit, it would help to know what today’s buyers are looking for. Well, while we can’t exactly offer you a crystal ball, we can suggest several sure-fire tips to prioritize your remodeling efforts.
When preparing to put your home on the market, you obviously need to start by examining the major structural and internal elements of the home – the roof, HVAC system, interior and exterior paint, etc. Once you’ve determined that these are in good shape, you can turn your focus to more exciting aspects about the house. Specifically, the kitchen, bathrooms, bedrooms and living areas.
Let’s start with the kitchen, the place where everyone gathers. Think about all of the wonderful times you’ve spent preparing and sharing food, having a drink and catching up with family and friends. The kitchen is the heart and soul of the home, a fact that isn’t lost on buyers. It needs to sparkle with delightful finishes while remaining functional for the user. Consider using a mix of materials, such as wood, stone, tile, metal and painted surfaces. Balance organic, natural finishes with those that have a human-made feel. And since the kitchen is such a vital part of the house, try to create a design theme that can be extended and incorporated in the remainder of the home.
Speaking of which, as impressive as your deck, landscaping and entertainment center may be, they are not nearly as important as having a first-rate master suite. The bedroom, obviously, is where the day begins and ends. From the lighting to the space for the TV, creature comforts and convenience are everything. And of course, the master bathroom offers a daily reprieve from the chaos of life. It is a sanctuary where one can prepare for the day or relax afterward in the comfort of a soothing shower or a deep jetted tub. If you’ve already got the perfect shower or tub, then consider resurfacing the cabinets, replacing the countertops, or updating the sink(s) or a new toilet.
If you’re not quite sure where to begin, your first course of action should be to seek inspiration from open houses, design showrooms, or remodel TV shows and remodel websites. Not only will they show you how to catch potential buyers’ attention with trendy touches, but how to keep the palette toned down to appeal to a broad demographic over many years.
Some information provided by Abbie and Rick Sams.