Flip your house with small touch-ups that will give you the best return
When you renovate your home in Toronto, there will always be different ways to keep your house looking tiptop, fresh and modern. Little touch ups always go a long way to help enhance your home?s ambience.
When dealing with taking those touch ups and using them to woo a potential buyer for your home ? it can get out of hand sometimes. You always want to show a good impression on your home when trying to sell it, and if you aren?t careful, your budget might get away from you.
Make sure you take the time to outline your budgetary constraints prior to touching up your home in time for the flip. Flipping your house can move very fast and you don?t want to get caught up in the excitement of the sell and blow your down payment or investments for your new home.
First time flippers will also go a bit crazy with tiny items and details and forget why they are ?remodeling? in the first place!
Here are some tips on using small touch ups to your home when flipping:
- Flooring: When we talked about your flooring options for your basement, we were talking about in the context of it being your own home. For the sake of flipping your home, consider using a less-expensive option like a rug or carpet to satiate the room. You don?t need to blow your flipping budget on hardwood flooring or other expensive options ? keep it simple; ensure the flooring is adequate and aesthetically pleasing to look at, but don?t go overboard.
- Adding a Bathroom / Bedroom: It?s very easy to get carried away when working on slight modifications to your home. A suggested idea might be to add, say an upstairs or basement bathroom. While this can be a major upgrade to a home, it can also get pretty pricey and it can also lead to some bad maneuvering of your home. When one wall goes up somewhere, other walls and rooms get compensated for elsewhere. Be aware of any major upgrades before doing them.
- Using Simple Touch-ups: Things that would more compliment your home or rooms would be more lamp shades and rugs. Don?t go overboard and purchase a new couch and dining room set simply because you think it will give you more of a return on your home. Be cautious on the little buys and work on giving it that ?oomph? the home needs to push it over the edge.
All in all, flipping your house can be an arduous process. You are in frantic mode because you are desperate to sell. Take your time and make the proper renovations as necessary. Things like patching up holes in your walls or simple accents, like drapes or carpets can go a long way in getting more bang for your buck when flipping your home.
To really wow your potential home buyers, hire a professional contractor to ensure the job is done right ? and no mistakes will get uncovered.