When it comes time to sell, many apartment owners wonder: will apartment remodeling and renovations add value to your property immediately and will you be able to sell the property for a higher price? A renovated apartment will surely stand out on apartment buying sites, allowing it to sell faster and higher than one that is dated and looks worn.
But how much should you renovate your apartment before you sell? You need to be strategic about updates you make so that you meet your goal of getting more money or selling your apartment faster without accruing more costs for yourself. What should you renovate to make a significant, noticeable impact? Knockout Renovation shares what you need to know before putting it on the market.
- Add Fresh Paint in Neutral Colours
If you haven’t painted in a few years, or have a highly creative sense of color, it’s worth it to paint your home of a light, neutral color like off-white, beige, or grey. Best of all, paint is not an expensive project, even if you hire apartment renovation professionals.
- Add Built-in Storage
While decluttering and painting can be highly affordable ways to add value to your unit before going on the market, there are also several pricier fixes that can yield a high return. In New York City, adding storage is nearly always a strategic way to add value to your apartment, especially if you can find ways to add storage without compromising the apartment’s square footage.
- Decluttering and Professional Cleaning
While not technically a renovation, the importance of these steps cannot be underestimated. They help make your home as fresh and new as possible, even if it doesn’t make sense to renovate. And, again, these won’t cost much.
- Remodel Your Bathroom or Kitchen
If you’re planning to sell your apartment, investing in an upgraded kitchen can have big payoffs. A newly renovated kitchen can help you sell for more money and sell it faster. One thing to remember is that it’s not about how much you spend making your kitchen look better, it’s about the feeling potential buyers get when they see your kitchen. Ideally, the buyers should walk in and fall in love.
- Light It Up
Maximize the light in your home. Good light is the one thing that every buyer cites that they want in a home.
- Add Plants and Greenery to Liven Up Spaces
This goes without explaining. Just do it tastefully. Take note of all leafy accents provided in the listings above.
As a rule of thumb, remember that most buyers really do want to add their own special touches. The cleaner and simpler the look, the more potential bidders your unit is likely to attract.
Hire Knockout Renovation for your home improvement project today! Call us at (212) 599-5060 to set up your free design consultation, or fill out our contact request form. We serve clients in Brooklyn, New York.