How Home Renovation And Interior Design Can Increase The Market Value Of Your Property

The market value of your property can be increased greatly through renovation. Any time lost in renovation doesn’t go waste, as affluent buyers always scramble for a house that looks new and well-furnished.

A quick example of increasing the property capital 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 upgrades into consideration when you get the property revalued.

A good renovation of a house is identified by proper electrical fittings in its inner parts, better furnishings, and right colour combinations on the walls, among several other things. The whole concept of renovation centres on making the house both more functional and more cosy for its inhabitants. A 50% raise in property value is not unheard of through an extensive makeover.

The most significant aspect of a renovation is making the look of the property impressive enough. If the restored interiors wear a latest look, then buyers who are generally conscious of the newest trends in interior design would be more tempted towards making a purchase.

It is a good idea to hire the services of an experienced interior design expert when you plan for the restoration. Even if you do not want to restore the entire house, the interior designer can recommend certain intelligent enhancements in certain areas of your house that will make it more appealing to the buyers.

For instance, an interior design specialist knows how to produce good results by putting in a few architectural touches at minimal cost. Things like floor patterns, wall colours etc can give you a sense of luminous and spacious rooms. An interior designer is also needed for advice on structural aspects of the house and can tell you if any parts need reinforcements. He is the one who can suggest you on renovation that suits not just your likings but also falls easily within your budget.

Another factor that justifies engaging an interior design specialist for renovation is the chance to make a significant saving on the makeover materials. They know where to procure these materials and appliances from the market at reduced prices. They are also the right people to calculate and predict the time span required for the completion of the makeover project.

It is also recommended to consult a property broker who can tell you about the latest trends in the real estate market with reference to the choices and preferences of buyers. After all, the whole purpose of the renovation is to please them to be able to fetch a bigger price for the property.

Discover more about interior design and discover how does property renovations Singapore add value to your property overnight. This article, How Home Renovation And Interior Design Can Increase The Market Value Of Your Property is released under a creative commons attribution licence.

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