Whether you’re preparing to sell your condo or simply searching for ways to increase the value of your property, you want to make upgrades that have the most significant impact on your property, right?
If you are concerned about the best upgrades to go for, here they are, as given by condo remodel experts:
New appliances
Most people do not want to have to buy new appliances when they move into their new condo, so finding a home with modern equipment is important to the buyer.
If your appliances are old and worn out, replacing them will boost their value and future sale potential. If they’re of a reasonable age but aren’t all matching or need to be spruced up on the outside, talk to the manufacturer about getting new matching panels.
When installing new appliances to sell your house fast, you should be cautious of buying extremely high-end brands, as you can easily fail to recoup your investment.
The right way to go about it is to buy a cheaper brand that still looks good and will last for a long time.
Increasing the storage space
Space is often limited in big-city condos, so your ability to creatively and effectively add more storage will be critical. And the good thing is that there are plenty of ways to go about it.
Consider installing floating shelves to add value to your apartment while saving valuable floor space.
You should also consider installing kitchen racks to hang pots, pans, and utensils. If you have the capacity and funds, you can expand an existing closet or build a new one.
Install hardwood floors
Replacing your floors is a significant undertaking, but it is well worth it. Studies show that condominium owners who repair their floors often receive an 80-100% return on their investment.
Good looking floors are a significant selling element, giving the entire space a rich, improved, and updated vibe.
If you want a minor renovation that will benefit you whether you remain or leave, putting classic hardwood throughout your condo is a no-brainer.
If you are already planning to replace appliances, as we indicated above, now is the time to replace outdated flooring with hardwood.
Install smart home features.
Smart homes and the ability to operate appliances or a thermostat from anywhere in the world are becoming increasingly popular among homeowners. Making your condo a smart home will enhance its resale value and make it more appealing to potential purchasers.
You should consider installing automatic lighting, smoke detectors, and carbon monoxide alarms, all powered by smart technology.
This will make your home more appealing and give an additional layer of protection and monitoring.
You also get to enjoy energy savings on your electricity bill. Sounds like a good deal, doesn’t it?
Renovate the bathroom
Nothing can turn off a potential buyer or reduce the value of your apartment faster than an out-of-date bathroom that requires considerable TLC.
Creating a gorgeous master bathroom and improving the guest bathroom is a great way to boost the value of your home and your enjoyment of your condo if you intend to stay.
If you’re selling, it’s better to keep the design neutral than to add finishes that a potential buyer may dislike as much as you do. This calls for you to avoid over-customizing the design, especially if you are considering selling the property later.
Add a new coat of paint.
Paint can work wonders on a unit that appears run-down and outdated. You can quickly remove any old cracks or dents in your wall by applying a little plaster, sanding it down, and finishing with a couple of fresh coats of bright, neutral paint.
Remember that keeping things neutral can help your condo appeal to more buyers when the time comes to sell.
Lighter hues make your apartment appear larger and more welcoming. If you’re using numerous colors, be cautious to plan out your painting so they all work well together.
If you aren’t sure about the right ones you should go for, get the input of a professional.
Remodel the kitchen
A remodelled kitchen is one of the most effective methods to increase the value of your condo. You can enjoy an upgraded kitchen with a new layout, new appliances, and a great style for many years while also increasing the value of your condo when it comes time to sell.
When remodeling the kitchen, pay attention to the latest designs, but don’t be carried away by trends that come and go.
To be on the safe side, choose a neutral trend that will last a long time and look modern.
Take your time and consult an expert to avoid making an investment that might be too costly and fail to serve you as well as you want.
That being said, you don’t have to go all out to update your kitchen. If money is a concern, focus on giving the area a facelift – paint the cabinets, install new fixtures, replace the faucet and sink, and upgrade the appliances if possible.
As mentioned above, you should update your kitchen with neutral design elements that are not only pleasing to you, but also to the prospective buyer.
Switch up the lighting.
When it comes to lighting in your condo, you should consider both ambient and natural lighting. Remove any thick drapes or dark blinds and replace them with lighter window treatments to allow as much natural light as possible in.
The reason for this is that natural light makes your area appear larger, brighter, and cleaner. Upgrade any obsolete fixtures, if possible, and install pot lights or recessed lighting, as well as a dimmer switch.
Replacing your old light switches and receptacle covers is another simple and inexpensive option to freshen up or modernize your condo.
Parting shot
These are some of the ways you can upgrade your property. To be on the safe side, work with home addition companies DC that know what they are doing and will guide you in the right direction.