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How to Bring Up the Value of a Condo

When it comes to condos, a few factors can bring up the value of your property. First of all, make sure your parcel has been well-maintained and up-to-date. Prospective buyers will notice a worn carpet, chipped paint, or cracked bathroom tile. You should clean your unit daily and make all necessary repairs. Keep a record of all repairs.

Growing a small garden in a condo

Growing a small garden on new condos in St Louis balcony can boost the unit’s value. You do not need to have an elaborate garden, but a simple potted plant, hanging basket, or herb garden can make a significant impact. In addition to adding aesthetic value to the unit, it will also add a pleasant scent that will attract renters.

Kitchen upgrades

The kitchen is the center of the home. Updating the kitchen can boost its value by more than $100,000. According to one study, minimal kitchen remodeling can bring back as much as 72% of the money spent. New siding can also increase the home’s value by keeping it warmer in winter and cooler during summer. If you want to make your kitchen more modern, consider changing the type of cabinets and drawer pulls. While some homeowners choose to replace cabinet doors and drawer pulls, others opt for granite countertops. These are more expensive, but you can also use cheaper quartz countertops. Other affordable upgrades include a new backsplash tile. You can also install energy-efficient light fixtures or new appliances to boost the appeal of your condo. Most buyers nowadays are also choosing eco-friendly appliances and materials.

Flooring upgrades

A lot of condos are about ten years old. They have dated carpeting and can be very dirty. Instead of replacing the carpet, consider adding hardwood floors. This is a far less expensive renovation, and the return on investment will usually be 80 to 100%. Hardwood floors are easier to maintain and are better for those with allergies. Additionally, they add value to a condo. When selling your home, flooring upgrades are an essential factor. It will affect how prospective buyers view your home and how much you can ask for it. Wood flooring is the best choice, but ceramic or stone tiles are also great. Other upgrades that add to the value of a condo include installing a pool and renovating the kitchen.

Painting

Painting a condo is one of the easiest ways to improve its appeal and increase the value of a property. The process is relatively inexpensive and requires little to no work. However, there are several important factors to consider. First, consider the kind of facade your building has. Different types of materials require other painting methods and equipment. Moreover, some surfaces are more challenging to paint than others, especially those exposed to harsh weather. You should contact a painting company with experience with different materials, which can help you make the right choice. The company will also have the knowledge and expertise to properly prep each fabric to ensure a long-lasting paint job. The exterior of your condo is one of the most visible parts of your property, so it is essential to make it look appealing. The paint you choose should be of superior quality, as a poor-quality paint job may reduce the value of your condo. You can also choose to hire a professional painter to do the job.

Decluttering

A decluttered condo can be more attractive to potential buyers. It will also decrease the time it spends on the market, encouraging buyers to make an offer. In addition, it will also help protect your listing price. Decluttering also creates a more inviting atmosphere in the home. Thousands of items are stored in the average American household. Many of these items are sentimental but will not appeal to potential buyers. You can substitute these personal items with neutral decor or remove them altogether. If the personal items cannot be removed, consider using stylish storage baskets and vacuum packing. Decluttering your home can improve its appeal and raise its value by thousands of dollars. It also allows you to maximize the available space and highlight its structural features.