Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted about 8 years ago

Investing In Your Real Estate to Increase Re-Sale Value

Real estate can be one of the most intelligent investments that you will ever make in your lifetime. If you are looking to invest long-term, you will find that real estate is a great place for your money to grow. Investing in your real estate to increase resale value can be a fun thing to do. Whether you are building a new room onto your existing home or fixing up an older condo, the creative process of revitalizing a property can be very exciting.

Update your landscaping

US News has recently reported on the importance of your home's curb appeal during the sale process. First impressions are everything when it comes to moving your home on the real estate market. Your landscaping can be a big disappointment to potential buyers if it is unkempt or very out of date. It is worth the investment of hiring a landscaping company to make your yard look new and beautiful. This investment of a few hundred or thousand dollars can pay off big in the resale value of your home. Adding simple features like a small fountain or a pine tree can help the beauty of your home, as well.

Remodel your kitchen

As a family, a lot of your time is going to be spent in the kitchen. From eating breakfast before a busy day to family dinners, the kitchen can be a great place to catch up with your family members on a regular basis. However, a crowded and outdated kitchen can be a drag. Simply updating cabinets, lighting, and appliances will make this room much more enjoyable for the whole family. Investing in the remodel of this room is going to show greatly when it is time to resell your home. A remodeled kitchen is alway a big selling point for any home on the market.

Get on top of your piping

One of the most expensive repairs that you will ever have to take care of is your plumbing. If you have an older home, this is one of the first things you need to address. If you are moving into a home that hasn't been only been occupied by a single individual or couple, you need to make sure the pipes are able to stand up to the load of an entire family. DIY Network reports that all new plumbing will also greatly increase the resale value of your home.

Get rid of old appliances

Nothing can make your home look older than appliances from decades past. A kitchen can be completely remodeled and still look like a blast from the past if you have a fridge and stove that were installed in the early 80s. There are many incredible financing options available to those who are looking to replace their appliances. XlLarge says that new stainless steel appliances are are a great way to make your home look modern and really raise the resale value of your home.

Keep your bathroom looking fresh

A bathroom can be one of the most unappealing rooms in your house if it is outdated. We all can remember horrible trends like tanning lights and carpeted toilet seat covers. It is time to leave the 90s behind and invest in new bathroom fixtures for your home. There are many companies who will offer complete bathroom remodels for a very low price. However, remodeling your bathroom on your own can be an easy thing to do on the weekends with your friends who are willing to help out. Make sure that you hire a plumber to take care of any advanced piping needs. Just like building a home, remodeling with luxuries like a custom shower can give your bathroom a very modern look. Investing in a new bathroom can add great resale value to your home.

Investing in your home is always a great idea. Along with the added resale value, you will be able to raise the quality of your life by having a nicer place to rest your head. When it finally comes time to sell your home, you will be able to reap the financial reward of investing in home upgrades, as well.



Comments