Renovation Tips for Investment Properties

Being a homeowner comes with a litany of responsibilities. New buyers rarely fully anticipate the entire scope of the obligations they’re about to inherit. When you own investment properties, there’s an even greater impetus to keep your home in good shape and maintain or enhance its curb appeal.

 

When you’re a property investor, it’s critical to maintain your home’s upkeep from the foundation to the roof. Even though things break and fall apart with time and use, there are several critical areas of your investment property that it’s a good idea to never allow to fall into disrepair. Continue reading to get some valuable upgrade and renovation tips to enhance your investment property.

Curb appeal is your best marketing tool.

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When it comes to attracting potential buyers to your real estate, presentation is everything. Whether prospective homeowners come across your property online or on their way home, their first impression of your property is critical. Their first impression will determine whether they decide to learn more about the property or discard it from memory.

 

The roof is one of the main things buyers use as a determining factor when giving a home a once-over. In fact, it’s arguably the most critical element of a home’s curb appeal. After all, the roof is their primary protection against the elements.

 

If you haven’t replaced your roof in the past 10 years or more, it’s a good idea to make that a priority. Most new homes have new architectural shingles on them. These new shingles are more stylish and durable than their predecessors. Even though shingles are typically good for at least 20 years, architectural shingles have up to a 30-year life span.

 

If you notice that your investment property needs a new roof, it’s important that you do your due diligence to find the best residential roofing contractor in your area. A new roof is a big investment, so you must make sure you get the best possible return on that investment.

 

All County Exteriors is one of the most respected roofing contractors in New Jersey. When you can find roofers with a reputation like theirs, you can have peace of mind that you’re getting your money’s worth.

The heart is where the kitchen is.

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Curb appeal is critical to attracting potential buyers, but if they decide to take a tour of the home, the kitchen might be what causes them to buy or continue searching. These days, a lot of people favor open kitchens that allow people in the kitchen to engage easily with people in the living and dining room. Furthermore, kitchens with ample counter and cabinet space are huge draws.

 

Renovating a kitchen is a heavy-duty job, and it’s a process that could take a few weeks. It’s a good idea to move some of your belongings into storage to protect them from the rough and trouble of home improvements.

 

Even though it’s instinctive to want to save money on your storage, it’s important to be sure you get a unit with enough space for your appliances and furniture. Mastering storage unit organization can be like learning to play Tetris, and you don’t want to have the kind of fun that comes from playing Tetris with dinner tables, deep freezers, and heavy storage totes full of cookware.

Make sure your front yard is immaculate.

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Even though the roof is probably the most important part of your home’s curb appeal, the front yard is arguably the most noticeable. Few things chase away potential buyers like a front yard that looks like the set of a jungle scene in an action movie.

 

One of the best ways to boost your home’s curb appeal is to invest in landscaping services and transform your yard into the envy of the neighborhood. You’d be amazed at what a well-manicured lawn and shrubs and carefully-lain mulch could do in terms of curb appeal.

 

It’s important to keep your home attractive as well as functioning. With a new roof, open kitchen, and immaculately cared-for front yard, you can turn your investment property into one of the hottest pieces of real estate in its area.