No matter which way you look at it, property is a big investment. Whether you are renovating, renting or looking to sell you want to make a reasonable return on your property. So here are some simple ways you can increase your property’s value.
Patch up and paint
Whether you are renovating, renting or looking to sell, patching up and painting are quick and easy ways to rejuvenate your property. This should be done both externally and internally. Begin by patching up any cracks or chips in the walls, especially if you are looking to sell, as the perceived value of a property is often determined by the quality of interior walls. Ensure that you apply a fresh coat of paint on your interior walls. Opt for a neutral colour, such as off-white, in order to make the property feel fresh and clean. Neutral colours when selling or renting is also a way to appeal to the majority of buyers and possible tenants. Be aware that colour rarely is as it looks on the paint card. Buy a tester first and paint a patch on each wall of a room to see how the colour looks on different lights.
Landscaping and garden maintenance
If you have a garden on your property, it is essential that it is neat, tidy and aesthetically pleasing. An unkempt, messy garden will always affect a buyer’s or renter’s opinion of the property negatively. If you want to re-do the garden, opt for low maintenance, drought-resistant plants and ensure that the garden is free of weeds. If your garden is out-dated, consider landscaping so you can make the most of the space you have. Ensure you create an outdoor living area for eating and entertaining, as these are always attractive to renters and buyers.
While you may not think it, one of the first things potential renters and buyers look at is a property’s flooring. In order to increase your property’s value, you need to ensure that your flooring is contemporary, clean and chic. Better still, opt for flooring that is easy to maintain, such as tile or wooden flooring. If you like the look of carpet, opt for a stain-resistant and durable carpet in a neutral colour, such as cream or beige. Do away with old, stained or musty carpets, as these are never attractive.
If you want to increase the value of your property, consider enlisting the help of real estate agents. The right real estate agent can help you figure out what renovations can give you the best returns on your investment. AgentFinder can help you find a real estate agent in your area. Click here for AgentFinder’s help.