The real estate market still isn’t recovering to the kind of levels people would like to see. And most homeowners, aware that their investments today are not worth anything like they should be, have decided for the most part to just wait the slump out. While this may not be a good thing for the housing market or the real estate market, it’s great for the home-improvement market. Homeowners who decide to stay, often consider making the most of the time they have in their homes by remodeling and shaping their homes in the image they really want. They look for home remodelling ideas for backyard decks, sunrooms, luxury bathrooms and so on.
But while they do want to remodel for comfort and aesthetic appeal, they also want to make sure that the home remodelling ideas they pick actually make their 2 bhk house for rent in bangalore more valuable come the day that they’ll sell.
Which isn’t as simple a thing as you might imagine. Some home remodelling ideas actually take away from the value of the home when you decide to sell. For instance, an in-ground swimming pool that can cost you tens of thousands of dollars can actually make your home unattractive to buyers – buyers with small children, for instance. Buyers also think about how pools can be expensive to maintain.
While a kitchen remodel is usually a great value-boosting idea, a gourmet kitchen with all kinds of high-end appliances isn’t something that sells well. Most people wouldn’t be willing to pay extra for such a thing. This kind of thing actually returns you less than you invest in them when you try to sell.
Let’s look at a few of the best ideas to make your home better to live in and better when you sell.
Let’s start with a kitchen remodel. To most people, it’s the kitchen that makes a home what it is. Not even the family room comes close. Depending on how close to popular taste your kitchen remodel is, your investment in a kitchen remodel is likely to bring in a good deal of return. But you don’t want to invest in anything fancy. Invest in energy-efficient appliances, and you’ll see a return on your investment – even a profit. Invest in pleasing decor that simply looks beautiful, and you’ll see a great return on your investment. You want to go with popular taste.
For some reason, home buyers can’t seem to get enough of bathrooms in a house. Apparently, people won’t be satisfied until a house has more bathrooms than actual rooms. But of course, one exaggerates.
What will bring you a dose of healthy returns would be adding an extra bathroom (if you don’t have more than one or two at the moment). Underutilized spaces around your house – closet space, space under a staircase or something – these can work very well. In fact, the most cramped bathrooms can be the most cleverly designed and attractive ones.
These days, whatever you can do to make your home more energy-efficient, you’ll find that it brings great returns. Get energy-efficient windows for instance, and you get a great return on your investment on top of a big clean energy tax credit from the government. Adding energy-efficient insulation can be a great idea – not only do you save hundreds of dollars in energy costs while living in the house, you actually find that it increases the value of your home by several times what it costs you to install it.