You can’t sell your house unless you know the value of your house. If you’ve had your house for a while and it’s starting to get old, it probably won’t be worth as much as you want it to be.
Fortunately, there are a few things you can do about that. By starting some residential remodeling on your house, you can actually increase the value of your house. This lets you ask for a higher price when you sell it.
Take a look at a few of these remodeling ideas that will help you get your house into shape.
Getting Your Residential Remodeling Started
Before you get to the actual residential remodeling part, you should take some time to get completely familiar with your property and make a plan. A good way to get started is to hire some professionals. They can give you valuable advice about the condition of your house and the interests of the market.
1. Get Your House Inspected
Your house could be infested with termites or have an outdated roof without you even knowing. Problems like these, though you may not notice them at the moment, could become huge, expensive fixes later.
Imagine if you skipped the inspection, decided to knock down a wall, and then realized you have asbestos.
Being exposed to asbestos can cause serious health problems, so it’s better to avoid the risk and just go with an inspection.
Even if the inspector finds nothing wrong with your home, you can keep the records of the inspection to show to potential buyers later. When they see you have stayed up to date with the care of the house, the will feel more comfortable inside the home.
2. Get Advice from an Interior Designer
Not every upgrade will resonate with every market. Depending on the neighborhood, weather, latest design trends, etc., something you think would make a nice addition to the house may not return as much money as you think.
Think of it like this, adding a brand new fireplace isn’t going to add a lot of value to your house if you live in a naturally warm area.
An interior designer (or maybe even a realtor) will give you suggestions about what you can improve in your house that will benefit you. These can be suggestions as simple as new coats of paint or a different style of furniture.
But just because an upgrade is small doesn’t mean it’s not worth as much. A fresh coat of paint is one of the best things you can do for any room in the house (you will read more about this later).
Always take the time to find out what a professional thinks of your house instead of picking and making random changes on your own. If you don’t have a lot of time or money, at least spend some time getting inspiration from things like interior design magazines.
When you try to remodel on your own, you risk the chance of upgrading all the wrong things and getting stuck with a house no one will buy.
Residential Remodeling: Outside Upgrades
If you think upgrading the inside of your house is more important than upgrading the outsides, your forgetting about curb appeal.
This doesn’t mean how nice the curb outside your house looks, but rather how nice your house looks when you see it from the curb. If your yard is overgrown or your exterior paint is chipped, people will keep the image of old deterioration in mind when they walk inside.
They are less likely to buy the house if your house lacks curb appeal.
First impressions really do matter.
This is a cheap and easy part of residential remodeling. Replace overgrown bushes and dying plants with tasteful shrugs and flowers. Make sure your lawn is green and full. No one likes patchy, brown grass.
Find ways to compliment your yard. Do you have a long path up to your front door? Line it with flowers, small rocks, or garden lights.
If you aren’t selling for a while, plant a tree. In the right place, a tree can provide shade over your house and reduce air conditioning bills during the hot times of the year. But make sure it doesn’t cover the view of your house.
Go out and stand across the street if you aren’t sure what needs fixing. Take a look at your house and ask yourself if you would find it welcoming and clean if you were a stranger. You can also ask your neighbors for help.
4. Add a Deck
This is one of the best ways to upgrade the outside of your house. Not only does it add another versatile gathering place for the family, it can also return up to 80% of its cost when you sell the house.
It’s also really easy to get creative with decks. You can add things like tables and chares for outdoor game nights and a BBQ for dinners. If you live in a place with chilly evenings, you can add a firepit or an umbrella in case of rain.
A nice back deck is something a lot of buyers will jump on when they see the house.
Residential Remodeling: Indoor Upgrades
Outside upgrades are important for first impressions, but indoor upgrades should be the bulk of your residential remodeling.
It can feel like there’s a lot to focus on the inside, but don’t let the upgrades overwhelm you. Take it slow and go room by room. Finishing the living room before starting the master bedroom will give you result a lot faster than trying everything at once.
5. Modernize Your Kitchen
Your kitchen should be one of your main focuses during your residential remodeling. This is a room in the house where people gather, cook, and have a good time, and it needs to look welcoming and fresh.
Start with a new coat of paint. Neutral colors are usually a safe bet when selling your house, but don’t be afraid to add some color. This will make the kitchen seem cheerful and open.
New paint also takes care of any old grease stains around the stove or microwave. If a potential buyer saw stains in the kitchen, the room would become a lot less appealing to them.
Update the cabinets during your residential remodeling by replacing the handles and giving them a new finish.
Buyers love the modern look of stainless steel appliances. If you’re a little unsure about making the switch, you can take it slow and update one appliance at a time.
- Rolling Island
A rolling island increases the functionality of your kitchen. If you’re making a large meal and need more counter space, you have it. If you’re hosting a party and want the room to stay open, you can roll the island against a wall.
There’re a lot of kitchen upgrades you can make during your residential remodeling, and buyers get most excited about a new, clean kitchen.
6. Remodel the Bathroom
People use the bathroom multiple times a day, so it has to function well and be inviting. Shabby bathrooms, small bathrooms, or a house without enough bathrooms will turn buyers away.
If your bathroom is getting old, take the time to update the plumbing and appliance. A modern sink and vanity will go a long way.
Consider removing overhead lights and putting mounted lights on the walls for a more comfortable, roomy feel. You should also replace loud ceiling fans with new, quieter fans during your residential remodeling.
Add a new bathroom during your residential remodel if you can. Don’t have a space large enough for a shower? Just make it a half bathroom. An added toilet is better than one or two bathrooms for the whole house.
If you can only afford to make a few changes to your bathroom, start with fresh paint and new flooring. There is nothing worse than stained tiles in the bathroom.
7. Get Rid of that Carpet
This is especially important if you have old carpet. Old carpet can get frayed, stained, and smelly, and a great way to improve your home value is to replace it with hardwood floor.
If you can’t afford to replace all the carpet in the house, focus on the room people will first see when they enter. This could be a living room or family room.
New flooring also improves the air quality of your house. A lot of people don’t think about this, but old carpets can hold bacteria and allergens like pollen, dust, and dead skin.
Those bacterias and allergins can get into the air, causing you to breath all those germs. Hardwood floors eliminate the problem. They keep the air clean and make the house look sleek.
8. Create a Home Office
If you have an extra bedroom, you can turn it into a home office as part of your residential remodeling. With the help of the internet, more and more people work from home.
This is a good place to install hardwood floor as well because many people sitting at their computers will probably have some kind of rolling chair. Finding a mat to go under a chair can be a hassle.
You should also consider installing outlets on the floor. This will make it really easy to set up a desk and plug in computers, fans, and desk lights. Make sure your home office has multiple internet plugs and at least one phone line.
9. Turn Your Basement into a Finished Room
This is another great way to capitalize on your space during your residential remodel.
The best kind of rooms to put in the basements are rooms that can stay open. There aren’t usually a lot of windows in a basement, so avoid adding a lot of extra walls. They will only make space feel smaller and darker.
Instead, turn the basement into an open playroom for children or a TV/game room for teenagers. You could also remodel it into a downstairs bar or party room.
Basements are large spaces that often get overlooked in the house, but if finished properly, they can be turned into all kinds of rooms and up the value of your house.
10. Increase the Light and Space in All Your Rooms
People don’t small rooms, and one of the ways to make space feel bigger is to increase the light in the room as part of your residential remodeling.
To do this, get rid of large drapes and replace them with simple window blinds. If you can, knock down some walls to open up your house. These could be walls between your living room and kitchen.
Find ways to allow as much natural light into the house as possible. Installing a lot of windows, sliding glass doors, and skylights will also help you save costs for lighting the house during the day.
Take Your Time and Start Slow
Whether you’re moving into a fixer-upper house or are ready to move out of your old home, take your time with your residential remodeling. Putting money into a bunch of upgrades doesn’t necessarily ensure your money back.
Not every upgrade will appeal to your market.
Talk to professionals to figure out what your house needs. It may only need small fixes or it may need massive repairs. But remember, a small upgrade doesn’t equal less value.
Most importantly, have fun with your house. Get creative. There are a lot of upgrades you can do that will leave buyers fighting over your house.
Getting ready to make some residential remodeling changes to your house? Contact us and we can get you started!