6 Easy Ways to Increase the Resale Value of your House

property

A house of your own is everyone’s dream. With changing times, houses have served not just as an abode but is also looked at as an investment. Selling a house is therefore a crucial exercise.
An important facet of this is getting the most, and possibly more than the house’s worth. Increasing the resale value of a house is an exhaustive process. It requires detailed planning and meticulous implementation for not just cosmetic changes but an upgrade of basic and important features.
Post our discussion with various property investors, and real estate enthusiasts, we have listed some of the most important things that can increase the resale value of your house.

Ensure a fully functional kitchen

kitchen

A kitchen represents warm food and special family memories. For any prospective buyer to walk in the kitchen and ‘see’ the flaws would immediately jeopardise a possible sale. Hence when deciding to sell one’s house, one must first start with the kitchen. Check that the electric work and plumbing is absolutely fine. If not, get it fixed as soon as possible. For instance, get that sink replaced and put a fresh varnish on wooden cabinets for an instant enhancement. Upgrading to Energy Star appliances can revive your kitchen’s look at a fraction of the cost.

Refurbish your washroom

Washroom

After the kitchen, look at the washroom/s. Not a cursory glance, but a critical inspection is required. Do remember that an upgrade doesn’t mean splurging money; all one needs to do is to understand the specific needs and make cost effective expenditure only. Ensure that the electric work as well as plumbing is working smoothly as these two functions are most important in a washroom. If the washroom doesn’t have an essentials cabinet or the old one has got a jaded look, get a new one or spruce up the mirror. Moreover, premium brands’ fittings like Cera, Jaguar, etc. will add value to the space for the right reasons.

Upgrade the exterior look of the house

Exterior

Besides cleaning the pathway leading to the house, add a few potted plants for added greenery and beauty. If you are unable to regularly tend to them, get low maintenance and drought resistant plants. Just a few fixes like these will give the house a maintained look. Give your home’s exterior and paved areas a power wash for a dramatic change at a lower cost. Rent a machine from your local hardware store if you don’t have one.

Storage space is a must

Store-space

Along with functional kitchen and washroom/s, storage space is a must in every household. All houses need space to store and its absence decreases a house’s value. Be it groceries for stock, kitchen storage for appliances and utensils, spaces in rooms for linen or garage spaces for tools, storage space/s are critical for an organised household. If you do some of the work yourself, you can keep costs minimal. Have a look at our Pinterest page for easy DIY ideas.

Paint the house for instant upgrade

paint-the-house

 

Nothing cheers up a house more than a fresh coat of paint. In terms of cost and impact, it is extremely effective. Neutral colours like beige, ivory, white are well liked for giving an open and well-lit appearance to spaces. In the Indian context, Asian paints, Berger, Nerolac, etc. are major paint brands and have come up with innovative designs, colours and cost effective ideas.

General cleanliness of the entire house

Clean-Image1

 

All fixes and tips aside, maintaining general cleanliness of the house can be far more advantageous than you’d assume. Do away with worn carpets and rugs, clean the furniture, dust the windows and curtains, and so on.

An inhabited house should be neat & clean and half the battle is won! Do you have other tips that could be useful to those who are planning to sell their house? Do share it with us in the comments below!

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