When the property market’s hot, buyers have many options to choose from. The result is that good deals are snapped up in a flash, while other properties can languish on the market for months without finding a buyer.
Aside from its size and location, the next most important factor that affects the price of a house is how good it looks. Therefore, transforming a dull, antiquated-looking home into a modern designer one can add a significant boost to its value and get it sold much more quickly.
Here are five steps to take when renovating a property to boost its value.
1. Give the Kitchen a Fresh Design
For many people, the kitchen is the center of a home, and for many buyers, it will be key in deciding whether they will buy a property or not.
A kitchen with little storage space or inadequate facilities will be a turn-off right away. Therefore, make sure you install a modern kitchen with all the amenities that modern living requires.
If you’re unsure which design works best in the space, sites like Masters in Kitchen Design can offer you design tips, case studies, and advice to follow best practices in the industry.
2. Decorate Rooms with Modern Colors
Tastes for interior wall colors change with the times. It wasn’t so long ago that you could find homes painted bright orange, purple or brown. But you’ll be hard press to sell a property with walls adorned in these colors today.
Instead, give reception rooms in the property a fresh look by painting them in a gentler, more modern hue. Find out the latest trends for interior paint colors and consider which one would best suit the building given its shape, location, and the amount of light it gets.
3. Install Designer Furniture
Unless they’re valuable antiques, leaving old furniture in the rooms of a house you’re trying to sell is a big no-no. So instead, kit the home out with a set of modern furniture pieces.
A minimalist, Danish-style furniture set is a popular choice as it showcases the best of a reception room while occupying relatively little space. In addition, fewer pieces of furniture that make a statement are always better than more pieces that look dull and bland.
4. Add Artwork
To complete the interior design of the property, consider adding some artwork. Again, you don’t need many pieces, but rather a small number of large, impressive pieces that add color and style to the rooms.
The artwork isn’t intended to come with the property but is part of the sales process known as home staging. Home staging is the process of curating the design of a home to make it look as though it’s been lived in.
5. Refresh the Lighting
Last but not least, you should refresh the lighting. All the effort you have put into redesigning the home so far will go to waste if you don’t have the right lighting to draw attention to the right features. Get a set of modern ceiling lights, spotlights, and lamps to accompany the furniture in your home and ensure that the right areas of reception rooms are lit appropriately.
Final Thoughts
Remember, you don’t need to go overboard with the level of detail you put into the renovation. A simple, clean design is always preferable over a fussy, complicated one.
Also, always keep an eye on the budget – it can be easy to splash out on a renovation, but the ultimate purpose is to make you a profit.
Keep our tips in mind to have a successful renovation and get your property sold faster.