Homeowners with an interest in selling their property will want to begin by viewing their home through the eyes of prospective buyers. Investors are likely to focus on the downsides and estimate the money they’ll spend on making the house liveable in the years to come. The more flaws are identified, the lower the value will be – not to mention the fact that getting an offer in the first place may be an uphill task.
On the flip side, investing in smart home renovations gives you a far higher return on investment. For instance, if you were to add an extra master suite, expect to get a 63% higher price for the house. Similarly, an additional or upgraded bathroom can fetch up to 46% higher value. Here are some of the remodeling projects you can take up to give the house a better chance of passing a professional inspection and valuation.
Get your roof examined by calling in a qualified Indianapolis roofer who can inspect the entire exterior and identify signs that indicate leakages and damage. Cracked, broken, and missing shingles, dry rot, and moss growing on the roof indicate the need for repairs. You would also want to check for any sagging sections and damp patches inside the house.
Once the repairs are complete, remember to maintain all documentation, such as a certificate issued by a professional, licensed inspector, and details of all the smart home renovations done. Since most roofers provide warranties for the materials and workmanship, make sure the paperwork is available and transferable. Your buyers will likely ask for them. Including a home inspection report also provides added assurance that the roof is sturdy and long-lasting.
One of the most critical sections of the house that can influence the buyers’ final decision is the bathrooms. Simply replacing the faucets and tiling in the bathrooms may not be enough to pass home inspections. You’ll check for mold and mildew and ensure that the toilet seal is secure. Dripping showerheads, damp patches, and stains indicate that there could be water leaking behind the walls.
Here’s another factor. The year 2020 is looking at a radical shift in how American families function. Close to 20% of the people now live in multi-generational homes. Caring for the kids and elderly is much easier with the entire family living under one roof. Considering that your buyers could have senior citizens living with them, getting walk-in showers is a smart home renovation idea.
Cracked and foggy window panes, ripped screens, broken locks, and missing handles are only some of the obvious signs that the windows and doors need extensive repairs. Inspectors pay close attention to the possibility of insufficient insulation that can result in higher energy bills. They’ll also look for dampness and any other signs that water could be entering through the caulking and seams. Intact wood trims and exterior metal flashing are additional must-haves for locations where there’s heavy rainfall and snow.
For instance, buyers moving to Eugene, Oregon will likely focus on adequate waterproofing since the city gets an average of 47 inches of rain per year along with a few inches of snow. But, residents in Tucson or Phoenix in Arizona would prefer vinyl and tinted windows that are better suited for the high temperatures. Replacing the windows and doors is another of the smart home renovations you’d want to invest in.
Next on your checklist would be the flooring. If you’ve been hearing creaking when someone walks on the floors or you sense a musty smell in the room, it’s time to call in the experts. Oftentimes, cracked or broken tiles, bubbling linoleum, and sagging floorboards also indicate there’s a problem. Why does that happen? Below the carpeting, hardwood panels, or tiling is the subfloor. Typically, builders use a concrete layering over the foundation and then, attach the plywood or oriented strand boards to the sleepers or ground-level floor joists. Flooding or leaking doors, windows, and sidings can damage the plywood layer. Insufficient drainage around the foundation also results in moisture seeping into the floor.
Home inspectors pay special attention to signs of such damage, which is why the floors should be on your list for smart home renovations. Flooring contractors examine and fix the leakage. Next, they’ll replace the plywood. As soon as the water problem has been addressed, you could consider solutions for fixing the floor, and you’re good to go.
When you’re trying to sell your house, investing in renovations, remodeling, and upgrades raises your chances of the property selling quickly. If you have the time and resources, fixing up the place will give you good returns. The efforts you put in will be worth every bit.