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Adding Value to a Fixer-Upper Home
Pristine walls
Fixing up your walls is an inexpensive way to increase the value of your fixer-upper homer. You can do the paint job yourself. Choose colors that will make the house "look expensive".
Renovate the bathroom
It is known fact that a great bathroom will increase the value of any house. Homebuyers tend to take a look at the bathroom first so focusing on renovating this part of the house is a must. Adding another bathroom in the house can further increase its value.
Renovate the kitchen
Aside from the bathroom the kitchen is another part of the house that can increase its value. Home buyers, especially the ladies, take this as a major factor when considering buying a home.
Improve landscaping
Taking care of the lawn and making it look attractive will add to the value of your fixer-upper home. You don't need to hire professional landscapers to improve its appearance.
Don't overlook the garage, closets and laundry
These three parts of the house are most of the time overlooked. As simple as them may seem, they can increase the value of the fixer-upper home because it adds convenience. Bedrooms with spacious closets are always attractive. Garage and pathway maintenance is also important. Lastly, a house with a laundry room will also increase its value.
Maintain windows
Cleaning your windows every now and then will help maintain its good condition. This won't increase the house's value but it will help in maintaining its current value.
Change carpets
Nothing is more unappealing than dirty and stinky carpets. Carpets tend to acquire a lot of dirt and cleaning old carpet may not do the trick. What you want to do is change the entire carpeting for the house. This will make a big difference.
Remove clutter
Throw away excessive things that are eye sores. Excessive junk can make a house less appealing and lower its value.
In general, you should fix up the exterior first because this is what people see first and it will give them an impression that your house is a keeper and is of high value. This doesn't mean that you should ignore the interior. Bottom-line, the most important part of the house that you should focus on to increase a fixer-upper home's value are the bathroom and the kitchen.
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How to Save on Renovation Expenses
1. Ask your contractor for inexpensive materials. Some contractors have left over materials and parts from previous jobs they have handled and you can ask if they could use those scrap materials in renovating your fixer-upper home. Left over materials are often in good condition and won't hurt your home's sturdiness and functionality plus they are cheaper than buying new materials at home suppl. . .