If your goal in life is to climb the property ladder as much as possible, you need to maximize the sales potential of the property you currently own. The more money you make from selling your current home, the more you will have to spend on your next property investment. If you keep buying houses, adding value, and reselling them at a profit for years to come, you will be sure that you will be able to afford your dream home sooner rather than later.
To ensure that you get the best possible start with your offer to catapult yourself up the property ladder, you need to increase the value of your current home. Read on to find out how this can be achieved.
Get rid of pest infestation
Would you like to move to a new home and find that ants, ticks or fleas are waiting for you somewhere on the property? No, you wouldn’t and nobody else. It is therefore important that you get rid of all the pests that you currently own.
If you do decide to take on this important role, it is important that you enlist the help of a professional pest control service like Moxie. They have the tools and know-how to localize and solve your problem, which means that it will be dealt with as efficiently as possible. As indicated at www.moxieservices.com/locations/They operate in a number of areas across the Americas, which undoubtedly means they will be able to help you with all the pest problems you face.
When you have a majority of the money upfront that you can easily access, consider investing it in this company by spending it on renovations. If you do the right renovation in this case, you can add value to your home and get back twice the money you spend on construction.
Here are some of the renovations you should do in your home:
Transform an unused one basement, cellar If you enter a habitable area or a secure storage space, this can increase the value of your home by 30%.
Divide your home into apartments
To add another 30% to the price of your house, you should split the property into separate living spaces.
Convert your garage
If your property has enough outdoor parking spaces, it may be worth converting your garage into a living space. You can increase the value of your home by 15% if you do so.
Expand the kitchen
If you add a side-return extension to your kitchen area – a narrow alley that runs alongside the kitchen – you can increase the total price of your home by 15%.
Everyone loves having extra sleeping space, which is why Converting your loft In a bedroom the value of your house could increase by 10%.
If you are looking to add value to your home, it is important that you put the advice above into practice.