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6 Renovation Tips to Increase Your Property’s Resale Value

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Marleny Huckshttp://MyrtleBeachSC.com
Marlene (or Marleny as she is known in Spanish) is a mentor, teacher, cross-cultural trainer, storyteller, writer, and for those who have been under her leadership or simply sat across the table from her, she is a mirror of destiny. Her love of word and image were formed early on by one of her heroes, Dr. Seuss. If you asked those who know her well, they would describe her a compassionate, funny, wise, curious, honest, real, strong, sensitive and totally human which comes out as she teaches and writes. She sees all of life, even the most mundane, through faith and believes that who we become as we live this side of the veil is what matters not the journey itself or our circumstances. Marleny Hucks has spent her life crossing bridges. She comes from a diverse background of ministry roles and contexts as well as has transitioned in and out of the business world. Having lived outside the country as well as traveled extensively she has a fascination with culture causes her to live her life within a global mosaic no matter where her feet are planted. Marlene currently lives in South Carolina with her husband David, who owns a news company but who she says is a “crime fighter”, bringing light into darkness in their systems of their city. Marleny currently works as a content management specialist covering Myrtle Beach News for MyrtleBeachSC News.

If you’re looking to renovate your home to increase its resale value, you’re on the right track. A majority of homeowners believe that home renovations are a good investment. Many homeowners see an average return on investment (ROI) of more than 100 percent. Some of which are already paying for homeowners insurance or home warranty plans that could cover some of the costs. So what are the best renovation tips to follow to increase your property’s resale value? Keep reading for our top six tips.

1. Budget Your Renovation The Right Way

If you’re planning to renovate your home to increase its resale value, it’s important to budget your renovation properly. overspending on a renovation can decrease your home’s resale value. This is because potential buyers will see that you’ve spent more money than necessary on the property and they’ll be less likely to make an offer. To avoid this, figure out how much you can afford to spend on the renovation and stick to that budget. If you don’t have enough money to start, consider getting a hard money loan. This is important when renovating and reselling your property because you want to make the most out of the process. If you don’t have enough money, you can’t use the full potential of the investment property. It’s also a good idea to allocate a contingency fund for unexpected costs. This way, if anything comes up during the renovation process, you won’t have to worry about overspending.

2. Focus on Curb Appeal Renovations

One of the best ways to increase your property’s resale value is to focus on curb appeal renovations. This is because potential buyers will make a judgment about your property as soon as they see it. If they don’t like what they see, they’re less likely to want to see the inside of your home. Therefore, it’s important to make sure that the exterior of your property is in good condition before you list it for sale. Some curb appeal renovations to consider include painting the exterior of your home, fixing any damaged siding, and power washing the outside of your property. These are all relatively inexpensive renovations that can make a big difference in how much your home sells.

3. Don’t Neglect the Kitchen

Another important area to focus on when renovating your home is the kitchen. This is because the kitchen is one of the most important rooms in a house. Potential buyers will want to see a well-designed and functional kitchen. Therefore, it’s important to make sure that your kitchen is up-to-date and in good condition before you list your home for sale. Some kitchen renovations to consider include painting the walls, updating the appliances, and installing new countertops. These are all great ways to increase the value of your home.

4. Update the Bathrooms

In addition to the kitchen, another important area to focus on when renovating your home is the bathroom. Like the kitchen, potential buyers will want to see a well-designed and functional bathroom. Therefore, it’s important to make sure that your bathroom is up-to-date and in good condition before you list your home for sale. Some bathroom renovations to consider include painting the walls, updating the fixtures, and installing new tile. These are all great ways to increase the value of your home.

5. Add More Living Space

Another great way to increase the value of your home is to add more living space. This can be done by finishing a basement or attic, or by adding an addition to your home. Adding more living space is a great way to increase the value of your home because it makes your home more livable and attractive to potential buyers. For example, if you finish your basement, you can add an extra bedroom, bathroom, or living room. This is a great way to make your home more appealing to potential buyers. Also, if you add an addition to your home, you can add another bedroom, bathroom, or living room. This is also a great way to make your home more appealing to potential buyers.

6. Make Energy-Efficient Upgrades

Finally, another great way to increase the value of your home is to make energy-efficient upgrades. This is because potential buyers are increasingly interested in energy-efficient homes. Therefore, making energy-efficient upgrades to your home is a great way to increase its value. Some energy-efficient upgrades to consider include solar panels, energy-efficient windows, and insulation. These are all great ways to make your home more valuable and attractive to potential buyers. Additionally, these upgrades will also help you save money on your energy bills, which is a bonus.

If you follow these tips, you’ll be well on your way to increasing the value of your home. However, it’s important to remember that the most important thing is to focus on what potential buyers want. Therefore, you should always consult with a real estate agent, a contractor, and a designer to get their opinion on what renovations will add the most value to your home.

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