Tina McManus' Blog
Those considering the sale of their home will often consider the return on investment (ROI) of any such improvement. You don't, after all, want to spend $20,000 on a major improvement that will likely only see a $5,000 payback after the sale. But improvements also have other benefits. For one, they can help sell a home more quickly, and in real estate, time is money. There's another benefit as well. Certain upgrades can help widen the appeal of a home. This makes your home more appealing to wider audience, or even a target audience.
Here are some improvements to consider for those who want to broaden the appeal of their home.
Home security has become an increasingly significant factor for homebuyers. Security ranges from heavier entrance doors to deadbolts and security window glass. It can also include a security or camera system. Improving security can also save you and any future owner on home insurance premiums and that appeals to everyone.
Making a Home More Accessible
Accessibility doesn't just appeal to those who are handicapped. It is appealing to seniors, senior caregivers and to those who simply want a home that is safer and more easily navigable. This can include use of handrails in bathrooms, taller toilets, rocker electrical switches, wider doorways where practical and other conveniences.
Smart features in a home have become more commonplace and now appeal to a wider audience than just young buyers. Everyone is beginning to see the value and convenience of smart thermostats, lighting and security features. Even small conveniences like adding USB capable outlets can broaden the appeal of a home.
Make It Turn-Key
Unless a buyer is purchasing a home to "flip", the majority are in search of a home that is ready to move in. Take care of the small stuff like dripping faucets, stuck windows and creaky steps. First time homebuyers, for example, have waited longer to buy a house because many didn't want the "burden" of home ownership repairs. You can ease these fears and broaden your home's appeal by making it "move-in" ready.
Ask Yourself This Question:
Odds are you have created a living space that appeals to you. The question to now ask is "What can I do to broaden the appeal of this house?" What would make it attractive to those who may be younger or older than you? How can you improve upon its strengths and minimize its weaknesses? Look at your home with the "fresh eyes" of a potential buyer. Even a wall phone in the kitchen can make a home look outdated.
Broadening the appeal of your home can help you sell it faster at a more appealing price. Avoid stereotyping your home and its potential audience.
What is natural ventilation? It's utilizing wind with the "chimney effect" to draw warm air out of the home and replacing it with cooler air from outside. As the wind blows against your home, it forces air into open windows on one side of the house while a vacuum effect draws the air out of the windows on the other side. The vacuum effect relies on convection. As cool fresh air is pulled into the home it absorbs heat from the room, the warm air rises and exits through rooftop vents or skylights on the upper floors. As the warm air moves out of the space, cooler fresh air is pulled in behind it. When mechanized to operate by a thermostat, natural ventilation systems modulate the temperature in your home efficiently. Countless benefits come with natural ventilation. Here are a few:
Low utility bills
One of the primary advantages of using a natural ventilation system is the decrease in your energy bills. Natural ventilation and hybrid ventilation consume much less energy (or no energy at all) compare to these mechanical systems. To save more on energy consumption, perhaps going for a natural hybrid ventilation system that cuts down on your energy use would be best.
Natural ventilation systems have a low energy consumption level. This makes them the best choice when looking to increase efficiency in a building or home. You can save up to 70 percent of your emissions, much more than the traditional mechanical ventilation.
The overall cost of maintaining HVAC ventilation is high, compared to natural ventilation systems. Natural systems generally come with fewer, more affordable parts.
A natural ventilation system takes very little space, especially as compared to an automated system. If you don’t want bulky components, a natural system is the better option.
Natural ventilation systems work best in areas where the days are warm and the nights are cool. If you live in an area that is very humid or where day and night temperatures are similar, natural ventilation systems are less effective.
That feeling of rest and happiness you feel when you pull up at the front of your house after a long stressful day is indescribable. Now you can rest, shower, unwind or do nothing. If you live in a detached single family home, chances are you would have your driveway and would solely be responsible for its upkeep.
When building or remodeling a house, one of the overlooked features is the driveway. Your driveway is a part of your home and should reflect that warm, welcoming feeling of your home. Because your drive is the first thing people notice when coming into your home, it’s advisable you select the right type of driveway material for your home.
Suggested driveway materials best suitable for your house are...
Asphalt is a common and highly practical driveway material that’s inexpensive compared to stone and concrete, its two primary solid-surface opponents.
Asphalt is very high-maintenance, especially in harsh climates. Professionals recommend sealing asphalt driveways within a year of fitting and resealing every three to five years. Resealing can be quite expensive: The cost to reseal on the average is about $400, the price is lesser for shorter driveways and more costly for longer ones. You may also need seasonal maintenance depending on driveway usage, quality, and stability. Asphalt driveways are stable, of excellent quality, easy to plow during the winter season and with a higher traction quotient.
Gravel is the cheapest and most sturdy of the other common driveway materials. It cost less than $300 to install and doesn’t require much time; Gravel driveways will last for a long time if given proper care.
The gravel driveway is very affordable and can cost about $0.50 per square foot, it’s durable, and with the right maintenance, it will last a lifetime.
Pavers are the most expensive of the other driveway materials. It’s also considered the most attractive. Pavers blend well with different exterior and design elements, such as fountain fall, driveway islands, and stone walkways.
Pavers improve your home appeal and give your home entrance a great look. It is durable, clean, stable and affordable to maintain.
At first glance, concrete and asphalt have similar characteristics, but concrete is relatively durable and require less maintenance cost. A concrete driveway can last 100% more than the asphalt driveway depending on the climate and use.
The concrete driveway is stable with surfaces not prone to mud, it doesn’t require much to maintain especially during the winter season, and it has a long life span.
Having a beautiful and adequately maintained driveway will not only provide your home with that alluring curb appeal, but it will also boost the resale value of your property in the market if you decide to sell.
When selling your home, you want to be able to get the largest return for your investment. And buyers are looking for their next place to call home. They are looking for a place that they can see themselves living and creating a future. And oftentimes, it’s very difficult for buyers to look beyond the cosmetics of a home, especially when viewing online. Therefore, if large investments are not in the cards for you or won’t bring a significant ROI, small home improvements are the way to go. These small improvements can take your home from blah to wow!
Let’s take a look at some of the best small home improvements that will certainly provide you with a return.
1. Fresh coat of paint: A fresh coat of paint can make the world of a difference in a home. It can instantly brighten up a space and make the home look and feel newer—an instant plus for any seller and buyer. But be sure to choose more neutral colors as not everyone will be a fan of bold colors.
2. Adding architectural touches: Architectural features like crown molding and a chair rail can add an elegant upgrade to any home. They can be fairly inexpensive and would only take a weekend to put up.
3. Update front door: Your front door is a large part of your curb appeal. And a home’s curb appeal can leave a substantial impression on buyers. You can go the inexpensive route and add a pop of color that compliments your home’s exterior and landscaping or purchase a new door if a coat of paint won’t do the trick.
4. Add a backsplash: Backsplashes don’t have to break the bank to catch a buyer’s eye. And there are so many options from subway tile to mosaic to antique tin.
5. New hardware: Updating the hardware in your kitchen and bathroom can make the world of a difference. Adding modern hardware to cabinet doors will add a refreshing, simple update.
6. Update fixtures: Replacing old, worn down bathroom and kitchen fixtures is a very simple home improvement. Although not the cheapest of these options, they will definitely make a big difference in those rooms.Think of a home built in the 90s that has brass fixtures. The home looks very outdated and therefore worth less in the eyes of a buyer. If you update these fixtures to pewter or brushed nickel, you are instantly bringing the spaces into the 21st century and catching the appeal of buyers.
The amount of time, effort, and money that you want to put back into your home is a decision that you alone can make. It may seem silly to put more money into the home you are trying to sell, but it’s quite the opposite. Be smart about your updates and improvements. Try to think like a buyer and make updates that the majority will like and want.