Owning a home has many advantages, and one of the biggest ones is being able to build equity and increase the value of your home. Equity is the part of the home that the owner has already paid off, and can also be defined as the difference between the value of the home and the amount of total debt that the owner owes to the mortgage lender. More often than not, it is a homeowner’s goal to get to 100 percent equity so that they fully own the property. Whether you are getting your home ready to sell or want to improve it for your own enjoyment, here are some tips to consider when looking for ways to improve the equity of your home by improving the look and feel.
The kitchen is usually considered the heart of the home. It is where families gather over meals, discussions, and more. Potential homebuyers will often go straight to the kitchen when viewing a home for sale. You want to make sure your kitchen is clean, reasonably updated, and if you can afford it, redesigned with upgraded, energy-efficient appliances.
Storage in a home is very important, and some old homes lack the closet space. Take this opportunity to redesign your closets and create more functional storage space that makes your home look more customizes and appealing to buyers.
After the kitchen, the bathrooms are the next best room to give some TLC to. Even simple fixes like a new toilet seat and sink can make a huge difference. If your floor is old and discolored, replace it with vinyl tiles that are easy to apply and are much more appealing.
Everything looks better when the sun is shining on it. If you can, install bigger, better windows in your home to give it a cleaner, brighter feel. When it comes to artificial lighting, get rid of those boring old lamps and see if you have the option to replace them with a nice chandelier that will light up the entire room.
It’s not just the inside of the home but the outside as well. After all, you want to make a good first impression to the buyer before they even get to the front door, right? Having a well-manicured lawn and even adding a few organized shrubs can make a big difference in the look of your front yard. An instant change in perception of your home can also instantly increase its value.
J&B House Solutions, LLC is a team of experienced real estate solution experts & cash buyers specializing in short sales, REOs & rental properties. We typically acquire distressed assets, add value and either reposition them on the market or hold them as rentals for long term equity growth. Our houses become beautiful homes that create tremendous value in the very neighborhoods we invest in. Visit http://www.jandbhousesolutions.com/ for more information.