Tuesday, November 03, 2009

How To Enjoy Remodeling Your Home And Add Capital Value

By Ramses Russel

Makeovers are a great way to raise the market value of your property. It may take a bit of time to complete such a project, but it can greatly increase the attractiveness of your house in the eyes of the buyers, thus bringing in substantial profits from its resale.

A simple example of increasing the property value as well as salability and rent ability is adding a garage or car port. If the property has the space to add a car shelter and it does not have one, future buyers or tenants will see the added value. When you rent a property you can often recover the cost of the work from a tenant within two years. After that the extra rent you charge will be pure profit. On top of the rent amount if you are making additional changes to the property at the same time, your bank will take the improvements into consideration when you get the property revalued.

Property makeovers are usually carried out on the entire structure and look of the property and this also includes the electrical cabling, furnishings and even the colour combinations. A meticulous home renovation aims at enhancement of usefulness and comfort for the residents. Owners can even enjoy a value increase of up to 50% on their house if the renovation has been a good one.

The most significant aspect of a renovation is making the look of the property attractive enough. The interiors of your renovated property should be more in line with the latest style so that prospective buyers, who are often conscious of the current trends in interior design, feel impressed and are willing to pay a good sum for it.

It is a good idea to engage the services of a seasoned interior design specialist when you plan for the restoration. If overall renovation is not your intention, then the interior designer can suggest certain smart alterations on a few sections of your house that will satisfy the objective of attracting buyers.

Only an interior design specialist knows how and where you can make minor architectural improvements at minimum cost to give your house that enticing look so that buyers can't find anything against it. The pattern on the floor and the paint of the walls can make the room look brighter and more airy. Suggestions on the structure and the need for strength and support can also be provided by an interior designer. Being greatly experienced, he can suggest you the right strategy, taking your spending capacity and needs into account.

With an interior designer at your service, you can also be guaranteed of ready availability of durable makeover materials at affordable prices. Getting the right tools and materials at rates that won't hurt the owner much is what interior designers are adept in. They are also the correct people to calculate and predict the duration needed for the completion of the makeover project.

It is also recommended to consult a property broker who can tell you about the current trends in the market with reference to the choices and preferences of buyers. After all, every plan of yours is channelled towards generating satisfaction in the minds of prospective buyers when they see your property, and ensure a profitable resale. - 2364

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