Today, real estate investing is still one of the most beneficial ways to earn income.
You can take an old property and fill it with modern house features to get a bigger return on your investment. In order to make this work, you’ll need to learn more about the features that give you the best ROI.
To this end, read on and learn which improvements are most worth your time.
1. A Nice Set of Hardwood Floors
Flooring is a huge part of your interior design, and hardwood floors are among the best options available.
Whether you install a nice maple or cherry wood flooring option, it’ll make your home look elegant, which will also make it easier to sell. You’ll be able to bring in lots of buyers when you have a virtual walk through that shows off these lovely floors.
Installing some hardwood floors can cost you $3 per square foot or $10 per square foot.
2. Solar Panels
Putting solar panels on your roof gives you huge ROI potential.
This is the case because you’re selling a home that has off the grid electricity and a minimal carbon footprint. Installing these panels can cost you between about $11,000 and $15,000 in most cases.
Once you have these panels installed, they’ll be a huge selling point that’ll help you sell your home quicker.
3. Whirlpool Tubs and Beautiful Showers
Make your bathroom as beautiful and functional as possible.
Instead of being content with traditional tubs, consider setting up large jetted tubs with different settings options. You can also install his and her showers that are encased in a chic glass setting, with eco-friendly nozzle systems.
This will give your bathroom a facelift, which can bring in new buyers.
4. Excellently Manicured Yard Space
Simply put, you’ve got to take care of your yard if you want to get some resale value out of your house.
Plant some grass seeds and make sure you are always mowing your lawn, planting flowers, and more. Your yard space dictates your curb appeal, which dictates the ROI you can expect to receive.
5. Finished Bonus Rooms
You can’t go wrong adding new rooms to any household.
Rather than looking into constructing a new room, simply finish a basement or attic to make it into a room that is as good as new. Doing this adds to the usable space in your home, which increases its value.
6. Up to Date Technology
Finally, be sure that you’re always up to date with the latest and greatest technology.
Ditch the DVD player and instead, look into smart home automation and tech-friendly refrigerators and ovens. This will attract buyers and let them know that they’re getting a modernized property.
Shop for These House Features
When you add these house features, you can count on success with selling your home.
To sell the home on your terms, you’ll need to continuously make it a valuable asset. These tips can help you.
To learn more about upgrades that improve your home value, check out the rest of our content.