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Moving can come with a number of expected & unexpected costs. When it comes to remodeling your current home to increase the resale value, the goal is to save yourself money all around. You’ll want to create a beautiful space that will spur buyers to purchase your home, but you don’t want to break the bank. Here are a few tips for undergoing a successful remodel for selling your home.
Pay more attention to the kitchen.
While you’ll probably want to spruce up other parts of the home for your resale, focus most of your energies and financial resources on your kitchen. It’s been said that real estate agents love to linger in the kitchen when attempting to sell a home – and it makes sense! While other rooms in the home are quickly assessed for size, the kitchen will most likely be scrutinized from top to bottom. A well-designed, gorgeous kitchen can be the sole deciding factor for some home buyers.
Put your personal preferences on the back burner.
So you may not love a certain countertop, but it’s affordable, and it’s a popular style that buyers are bound to fall in love with. Do you skip on the countertop and find one that speaks to you more? Absolutely not! Keep your focus on the goal of reselling your home for as much as possible. Remodel for the sale, not for yourself.
Don’t buy the most expensive materials.
It may be tempting to throw down big dollars on luxury materials in the hopes that it will allow for a higher resale value, but this might be a huge gamble. There’s no need to spend tons of money on high-end materials in order to create a gorgeous kitchen. There are plenty of mid-range materials on the market that will create almost the exact same aesthetic without the price tag. For example, there are several materials that will give you the look of hardwood flooring without the expensive cost.
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Don’t buy the cheapest materials.
On the other end of the spectrum, it’s quite easy to find dirt cheap materials to remodel the kitchen, but remember that you get what you pay for. You’ll also fail to impress your appraiser, who will know that your kitchen space isn’t worth as much as you’re trying to make off of it. You want to save money, but you want to purchase quality, durable materials at the same time.
Shop around for deals.
As with any big ticket item, shop around for your kitchen remodeling materials. Are there any local fabricators willing to give you a good deal? What about your nearest Costco? Big box stores often sell materials such as backsplash tile and light fixtures for a bargain price. Are there any websites that sell what you may be looking for at a cheaper cost? Don’t simply buy the first item you see just because you love the way it looks. Snag a photo or screen shot if necessary, and look around for a bit. Remember that saving money is key!
Don’t procrastinate.
As you can probably tell, it’s going to take a bit of time to shop around to find the materials you need. It’s also going to take some time, often up to a month or more, to get the remodel finished. Then there’s no telling how long your home might sit on the market before making a sale. Start your research and product browsing early so that you have enough time to list your home on the market and make a smooth transition into your new home.
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Don’t ignore the details.
While you’re trying to save as much as possible, remember that the goal is to sell the kitchen that you’re remodeling. It has to be attractive enough to sway buyers to purchase your home. Making the space feel as warm and “homey” as possible is a great way to make the sale. Outside of the having cookies baking in the oven trick, choose accessories and decor that help give a warm feel to the place. Houseplants and cool pieces of decor (you can certainly find cheap decor at your local big box or outlet store) can help set a mood that is favorable to home buyers.