Renovating parts of your home should be done in intervals so that you don’t get overwhelmed and you have time to save money. No one should have to go into debt over improving their home, so the key is to change the little things that will make big differences over time. Imagine that your home is a like a piggy bank and that you need to keep adding change to it over time. Freshening up parts of your home to look brighter, more organized, or roomier will add value to your property. Renovating for profit is an easy way to make the changes made in your house to feel more impact, so here are the top four tips we have to offer on what you should focus on renovating first:
Renovating for Profit Tip #1: Adding Natural light
Despite what you may have initially heard, we don’t recommend starting with the kitchen. There are far cheaper options than buying new appliances and furnishing for your kitchen area. No, we firstly recommend adding as much natural light to your home as you can! Nothing is more inviting than a bright space for positive thoughts. Painting your walls a lighter color than accentuates the color of the furniture, or upgrading windows or placement of furniture can really help open up a room. You may even be interested in installing crown molding, which adds an elegant feeling to each room as well as brightening up the top and bottoms of each wall. Changes like this make a huge difference in the long run.
Tip #2: Updating Your Exterior
After you spruce up the interior of your home, it’s time to move on to the exterior. When it comes to real estate investing in Phoenix and renovating for profit, a well kept front yard and backyard can be a huge selling point. Simple ways to update your front porch area is adding beautiful things with character like unique lamps, pottery, and plants. You may opt out for some of the many desert plants that thrive in Arizona weather, or you can go for a more floral approach that will make your walkway pop! Backyard gardens are also quite popular as they give your backyard color and purpose. Buying potted plants that will grow and last long is a great investment.
Tip #3: Refresh Your Deck
This is probably one the easiest and most overlooked things you could do to freshen up your home. Backyard decks are known for getting weather damage quickly in Arizona, with the burning hot summers to the downpours during monsoon season. A great solution to this is to power wash and hand scrub your deck. Adding a new finish to it will make your deck look brand new and help it stay in good condition during the upcoming summer heat. Well maintained decks are perfect for renovating for profit.
Tip #4: The Kitchen and Bathroom
Finally, we come back to the topic of how you should update your kitchen when renovating for profit. If you’re looking to save money, the best thing you can do is add a new finish the cabinets or doors. Installing a permanent water filter system in your sink will also save you tons on money on buying physical water bottles. Bathrooms should also be upgraded by replacing the bathroom caulk yearly and investing in expanding your bathroom space by getting rid of any mirror cabinets or bathroom closets because a large bathroom is a big advantage when someone is looking to buy a new home.
Other Affordable Home Renovations Options
Everyone wants to renovate their home without breaking their budget plan, but it can be difficult to find options that aren’t overly expensive. There are plenty of ways to modernize and improve your house’s appearance so that when you go to sell your home, it’s value will be higher. A realtor from CENTURY 21 Northwest Realty can help you pick out reasonably priced projects to start on over the summer. Real estate investment in Phoenix can be a tricky market to handle, so working with a reliable realtor can ensure you are making the right decisions and is the best way to renovate for profit properly.