There is a booming housing market sweeping North America in 2021, which will likely continue through the new year and beyond, in desirable areas that are in demand. If you live in one of these areas and your property is suddenly worth way more than you ever thought it could be worth, you may consider selling it, and cashing it out. If that is the case, then you will want to ensure that your home’s value is worth every penny it can be, within your local market.
Often, speaking with a licensed Real Estate agent who is an expert in your city’s local housing market trends can be a great asset to help guide you through the things you need to do to get top dollar today.
Refinish or Replace Kitchen Cabinets
One of the first things that you notice when you walk into any kitchen are the cabinets. They can either make your kitchen look and feel dated, or your cabinets can enhance the kitchen and make the space feel inviting and comfortable. You might not have considered that cabinets could have this big of an impact, but it’s a proven fact.
Refinishing cabinets – If your cabinets are in good condition and just need some light sanding and new paint, then upgrading this space will be more easily done than if you needed to replace the cabinets completely.
- Step one is to thoroughly clean the cabinets. Make sure to get inside and under the shelves, which can be a place you overlook easily. In some cases, you might want to take the cabinet doors off completely to make sure you can reach all the nooks and crannies.
- Now it is time to sand the cabinets down to reveal the natural color and finish of the wood. Make sure that you sand them evenly to ensure the perfect look, once painted or stained.
- If you decide to use stain and want a more natural wood-like finish, it’s time to evenly apply it to the cabinet surfaces now. After you have saturated the surface completely, let it dry overnight and then evaluate your work and the overall impact you have just made.
Replacing kitchen cabinets – If the cabinets are in bad shape or simply the wrong design for your goals, you may consider replacing them all. There are some interesting options available when it comes to new cabinetry. You may buy the design you want at your local hardware store, or even online. Then, if you’re the handy type, installation will be a breeze. If not, there are plenty of handymen for hire around your local area for the installation process.
Upgrade the Kitchen Floors
You might be intimidated at the thought of replacing your kitchen floors and, depending on your situation, you may be right. If you can just change the kitchen floors, without having to change the flooring throughout the entire house, then you’re in luck. But perhaps you have been wanting a change and upgrading the floors in your house is welcomed. Either way, brand new floors will give you the ultimate bang for your buck, when it is done correctly.
It is recommended that you consult an interior designer before tackling this project, not only because the work and labor are so intense, but also because making the right flooring selection is paramount to your property’s overall look and feel. If you are thinking about selling, then doing this will make your home for sale appeal to buyers looking for fresh, newer properties.
This doesn’t have to be overly expensive because your local Home Depot offers these experts on site who will help you, step by step.
Or you can spend some cash and hire a private designer to really customize your home design.
Either way, changing the floors can seriously increase your home’s current value and future ROI, when you decide to sell.
These days you can choose from a plethora of flooring materials and designs. There are tile floors, wood floors, laminate, and many other materials you can select from.
Some ceramic tiles are made to look like the finest wood flooring, at half the price of real wood floors.
Once you choose the design and figure out how much materials you need to purchase, you can install the floors yourself, or hire a professional to install it for you.
If you are not experienced at properly laying flooring down in a home, then definitely hire someone to do it right. Otherwise, you could have a total disaster on your hands; the floors can crack, break, and ruin your design goals completely.
Once the floors have been replaced, the entire house will feel upgraded, as well. You can create the atmosphere you want, just with the flooring selection you choose. In some cases, an older home could feel like a brand-new home when you upgrade the floors properly.
Painting the Inside and Outside
Many people have tackled painting their homes before. You might already know what an impact the right color choices can have. These days, you can find all sorts of different finishes, shines, and colors, at just about any paint store near you.
Figure out what colors will go flawlessly with your design theme and test them out on a small patch of wall first. That way, you will be able to better envision the results without having to paint the entire house to know if you like it or not.
Painting the exterior may take a bit more effort than it does to paint the interior. The reason is that you will need to pressure wash the entire outside and then let it dry thoroughly before applying exterior paint. Expect to add a couple of days of work for this process.
Pressure washing all the dirt from the walls first is important; that step will help ensure the paint goes on smoothly, and beautifies and protects your home for years to come.
Related Readings: Best Tips for Renovating a Small Kitchen
As you can see, improving the ROI of any property is easier than you might think. You don’t need to spend tens of thousands of dollars to make it happen. Being smart and willing to work provides you with the most control over your project’s success and overall design. Increasing your home’s value will give you more options such as cash out refi’s, or just selling and pocketing the profits.