Investing in real estate properties can be one of the most lucrative business ventures that you can take advantage of.
But, you often won’t make much money flipping houses if you don’t put some work into the property. A more modern look and extra utility can go a long way in increasing resell value.
Not sure where to start? Don’t worry, we’ve got you covered.
Let’s take a look at everything you need to know about home renovation ideas to fix up your home.
Switch Up The Lighting
It’s amazing how much of an effect that simple changes to a room’s lighting can have.
If you plan on selling your home, buyers won’t be too impressed with bright, generic bulbs that make them feel like they’re at a department store.
Instead, you can install softer bulbs in ceiling recesses that create a calm, welcoming atmosphere. This is especially attractive in bedrooms, studies, and other areas where peace and quiet may be a priority.
Additionally, you can wire these lights to a dimmer switch, allowing the residents to control the amount of ambiance in a room.
Modernize the Bathroom
Bathrooms (especially showers) are one of the places that buyers look into the most. This is due to the fact that this area will see significant daily use from bathing, getting ready for work, preparing for bed, etc.
A poor-quality, outdated bathroom feels more like a functional box than it does an area in your home.
So, new tile, large mirrors, and a brand-new shower will be an investment that is sure to pay off on the market. If your budget allows for it, you can also add heated floors if you live in the colder regions of the country.
Don’t just focus on the master bathroom, though. All the bathrooms in the home should be equal in terms of quality, although the smaller rooms don’t need as many amenities.
Renovate the Kitchen
If there’s one thing that parents look for when buying a home, it’s a quality kitchen.
Kids will often be doing homework in this room after school and having most of their meals at the table or countertop. The kitchen is also a socializing area for guests and a place where certain meals can take hours to prepare.
Put simply, your whole family will spend a lot of time in this room.
A modern kitchen will add a hefty amount of value to your home, especially if you modernize the entire room and not just the appliances. Things like a new stove, new cabinets, and marble countertops will leave your buyers in awe during a showing.
If this is out of your budget, it’s not the end of the world. It’s better to slightly upgrade everything, though, than to install a brand new smart oven right next to a worn pantry.
Upgrade the Front Door
Your home’s front door is something that buyers (quite literally) can’t avoid looking at. So, an attractive one can significantly boost your house’s curb appeal.
High-quality wood and attractive glass panes are often all you need to worry about here. It wouldn’t hurt, though, to install a smart lock that allows residents to lock or unlock their home with a mobile app or code.
It’s also not a bad idea to take a risk with the door’s color. A deep red mahogany front door on a beige or white home is particularly eye-catching.
Carpet isn’t always the best flooring option for a home. While it’s great for young children due to its softness (it’s particularly good at cushioning slips and falls), carpet is easily stained and can require significant maintenance to keep it looking pristine.
Tile or false wood, on the other hand, are cost-effective options to boost your home’s aesthetic appeal.
This doesn’t mean that having carpet is always bad, though. Carpet suits bedrooms more than other types of flooring, especially during the colder months.
When working on your home’s flooring, you may encounter issues with the house’s foundation. This article has plenty of useful info.
Transform A Spare Room
A guest bedroom doesn’t have to remain a guest bedroom. Buyers who aren’t likely to have people over often won’t benefit much from a guest room and may overlook your home as an option.
What you can do, though, is turn this extra room into something more attractive.
A game room, study, or office space are all potential options that can give something to your home that stands out among buyers.
For example, an in-wall bookcase or installed bar set will already give this room utility when buyers move in. Similarly, a room fitted with mirrors and mounts can turn an otherwise empty space into a fitting room.
The possibilities here are endless, so don’t be afraid to get creative if this is the path you choose to go down.
Throw Some Paint Around
Brand new paint can turn an average-looking home into something pretty. It can turn a great-looking home into something spectacular.
In general, it’s best to play it safe when it comes to color. This means grays, whites, and other relaxing tones should take priority over colors that can be mentally fatiguing over time, such as yellow or red.
Wrapping Up Home Renovation Ideas
With the above information about home renovation ideas in mind, you’ll be well on your way to getting the most return out of your investment.
From here, you can use this extra cash to repeat the process with even more properties, allowing you to exponentially increase your income over time.