For 2-3 years after the 2008 recession the American housing market tanked, and people stopped buying homes. Thankfully, with the economy gradually recovering people are more open to buying homes now.
This is why there is an increase in the number of individuals and companies buying up old or decrepit homes, fixing them, and flipping them for a profit. If you are looking to sell yours or just want to get in the same business, there’s no better time.
Remember that renovating property is not cheap. There are tons of things to consider and deal with. The good news, however, is that if the home is properly restored, people will be more than willing to pay top dollar for the house. The following tips should help you get started on your next fixing and flipping project.
Upgrade and Fix Your Rain Gutter System
Check the gutter system in the house for major issues. If it is too corroded and would cost more to repair than to replace, you should change the gutter system.
Otherwise, have the gutter repaired, cleaned, reattached, and even painted if need be. No matter how gorgeous a house is, if the gutter system has problems, that house will soon fall into a state of disrepair.
Give the House a Facelift
There’s no faster way to give a home a facelift than painting. Whether it is bright, subdued, conservative or carefree colors, new paints are almost always a welcome addition to all renovation projects.
If you want to add some character to the house, you should try using sidings and trims. One more thing you might want to consider is wall cladding. That is always an excellent addition and can make the house stand out from all others, particularly when it is among a block of similar looking buildings and properties. It pays to have an expert handle gutter work, and my personal recommendation would be thegutterexperts.com.
Get Rid of Old Bathroom Fixtures
People love bathrooms even though they do not spend an inordinate amount of time there. Your bathroom fixtures, therefore, must be awesome or at least contemporary if that is what you are going for.
If you are going for a rustic, old world charm, you can change the bathroom fixtures to suit that concept. However, just make sure that they are all new. No matter what you do.
Never underestimate the importance of the bathroom. If all rooms in the house look great but the bathroom fixtures appear sub-par, you can be sure that it’ll mark down your price.
Pay Attention to the Floor Boards
Do you want to go with hardwood or vinyl floorboards? The choice is ultimately yours. As far as we are concerned, this will depend on the type of house, your budget, and the practicality.
For instance, we would recommend using vinyl floorboards for high-traffic areas in the home and hardwood floors for less trafficked areas. This is because increased traffic means there’s a greater likelihood of scuff marks. This might be okay on vinyl flooring seeing as it can be hidden. However, on hardwood floors, those will stick out like a sore thumb. Ultimately, the choice is yours.
Change the Doors
This includes the main doors, kitchen doors, bathroom doors, bedroom doors and garage doors. If you cannot change all of them, look for ways to polish those inside, so they look great. Just make sure that they are still sturdy and in great shape before painting them over.
There’s no sense in painting a rotted door that will most likely be discovered by the home inspector hired by the buyer. That said, make sure that all prominent doors are at least changed and painted in bright new colors.
About the author:
The writer of this article, Oscar King, has helped to renovate a number of homes over the years and writes about his experiences to help others with realizing a return on their investments. If you wish to learn more about Oscar you can visit on Google+.
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