Owning property is an achievement in its own right. However, if the property is sitting there populated with cobwebs and dust bunnies, you’re running at a loss. Why not put that property on the market and watch it bring in the big bucks?
Now, before you put your property up for sale, it’s a good idea to get some major and minor repairs done. It could be anything from gutter repair to roof replacement. Altogether, with your building up to code and in perfect condition, you’re sure to get a better return on investment. With all this in mind, there are several renovations every property owner needs to keep in sight—if they want to turn their property into an investment.
1. Get Representation
You may be wondering what a realty company has to do with renovations. Well, some companies do a lot more than just ensuring you get your house on the market. You see, putting your property on the market is just one tiny part of the equation—you equally need to employ a more holistic view.
Seeking help from companies like Venterra Realty is a great place to start if you’re on the lookout for all-around representation. With years of experience, this Austin, Texas-based company manages an array of multi-family residential communities across the Southern region of the United States. They don’t merely acquire real estate, they equally develop and manage them to ensure that all investors get a solid ROI. Currently, they have more than 33,000 residents spread across the properties that they manage.
2. Fix Your Roofs
Roofing is quite essential. They don’t call it “putting a roof over your head” for nothing. Whether you’re looking for small scale or commercial roofing, many on the market can fit the bill. If you’re not sure where to start, Google is your friend. For example, if you live in Bethesda, Maryland, a quick Google search of “Bethesda Roofing company” will bring up various helpful results.
You’ll likely discover companies like MLM that offer a wide range of services ranging from small fixes to full replacement. This roofing company has also trained contractors on-ground. They do a great job with roof shingles, roof installation, Owens Corning Roofing, and of course, roof replacement.
Their services don’t just end with roof inspection and repair. They also do a mean number on gutter protection and replacement as well as window and door repairs. It’s hard work, no doubt, but with a good roofer, you’ll raise those property values in no time.
3. Fix the Floors
Once the roofing is sorted, it’s a good idea to do something about your floors. With the right choice of tiles or hardwood, you can make quite an impression on prospective renters and buyers. Keep in mind that it’s not all about the materials used when the flooring is involved. Look out for work quality. The right people on the job will have specific suggestions to keep things in tip-top shape.
4. Re-Paint the Walls
You’d be surprised at how much of a facelift your building can get with a fresh coat of paint. Once you settle on the best paint color, the hardest part of the job is done. You see, a fresh coat of paint will create an aura and will ultimately determine the kind of buyer you’ll attract.
Many marketers will even tell you that there’s a psychology of color when it comes to branding. So, don’t underestimate the power of a solid moth grey or a soft blue. Altogether, do some research on some of the best colors to paint a home, and roll with it.