Renovate or Re-invent?

By: Nancy Gleason

Selling your Home and looking for a good way to increase your take on the sale? Many people come to this point and think that renovation is really the only way to increase their sale price. Much of the time this is unnecessary and what's more, it can end up destroying that profit margin. Renovations are expensive and time consuming and to be quite honest the same effect can easily be achieved by a little imagination. Why not just re-invent your home's look? This will take much less time, a lot less money and in the end can be just as attractive as a renovation or addition. Think about it this way; your home is probably built along the lines of most homes in your neighborhood. That is, it fits in with the other homes in terms of amenities, size and look.

So it stands to reason that by adding on to the home has the choice of placing it outside of the average neighborhood pricing. This can translate into difficulties when selling as people will expect a certain price range for certain areas.

Re-inventing the home can also be a fun process as without having to worry about structural renovations you can concentrate on the aesthetic elements and cosmetic look of the home. Paint is going to form the basis of this upgrade as new paint always looks good on homes and can help get rid of odors and rejuvenates older rooms like nothing else. NOw what else is there that you can use to help give new life to your home? Well aside from the walls, the floor is the other large surface so take what is currently on the floors into consideration. IS it a bit out of date? Maybe a little worn or damaged? It happens easily enough, your floors are the single most utilized surface in the home and can get old and tired quite easily. Replacing floors is a great way to inject some new life into a home. Try to be judicious about what surfaces you use in which rooms. Tile is great for areas like the kitchen and bathroom whereas hardwood or laminate is great for the rest of the home. Remember that if this is being done to increase a home's sale value then you will need to think about the decorations in terms of what will sell the best and be most attractive to the buyers and not what your particular preference may be.

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