A few simple changes may be all your San Diego home needs to drastically increase its property value. Whether you’re interested in flipping real estate as a business venture or simply to increase the property value of your own home, you can quickly and easily make some simple changes that have a huge impact.
Next time you’re looking into flipping real estate, try some of these tips to improve property value:
• The yard effect. Curb appeal makes a huge difference in your home’s property value. A well-kept, landscaped yard can more than make up for the costs you’ll occur getting it into shape. Put in local flowers and bushes to make your San Diego home seem more lush and appealing.
• Wash the outside. Chances are, you don’t need new paint or siding outside. Often, a decent pressure wash will remove the grime of the years and leave your house looking new. This is especially important for stucco homes, because painting them can be cost-prohibitive. Make sure you patch any cracks in the walls to prevent water damage.
• Make the windows sparkle. Use vinegar and newspaper to get your windows sparkling clean. Dirty windows can make a home look dingy and old.
• Get the carpet cleaned. Getting the carpet replaced can improve your property value – but you’ll probably spend more having it installed than you’ll make on the improvement. Try cleaning the carpets instead. If you have hardwood floors, consider polishing or even refinishing your floors. This small change may mean big bucks to your San Diego home.
• Put in new outlets and fixtures. Updating your doorknobs and light switches may seem silly, but it’s been a trick of flipping real estate for years. New, bright fixtures make your San Diego home look newer. If your home doesn’t already have them, consider putting in ceiling fans for an inexpensive way to increase your property value.
One of the main rules of flipping real estate is to focus on the things you can see. While a new deck or kitchen remodel seems like a great idea, it will usually only net you 80 to 90 cents for each dollar you spend. Focus on the visible areas of your San Diego home and watch your property value go up, up, up!
