Those in the business of house flipping seek to buy a fixer-upper, make the necessary value-adding renovations, and sell the house at a substantial profit three to six months later.
The reality, though, is that the faster you can turn the house, the better, as the interest charges associated with home improvement loans will continue to accumulate the longer that the house sits under construction, unable to be sold.
Therefore, if you are trying to sell your house fast, there are a number of quick, efficient renovations that can significantly increase the value of your investment property without keeping it tied up in construction.
Make the Switch to Quartz Kitchen Countertops.
Kitchen renovations are among the most exciting–and potentially profitable–remodeling projects that a homeowner can undertake, as a trendy kitchen will undoubtedly catch the attention of prospective buyers.
However, tearing down walls to open the space, adding an island, and replacing the cabinets can take weeks to accomplish and potentially inhibit the commencement of necessary renovations in other areas of the home.
In order to turn the property quickly, one of the best kitchen improvements to make is a countertop replacement. Many modern quartz surfaces can be installed in three days or less, and with a wide array of quartz countertop colors to choose from, you will be able to give your cook space a stunning, long-lasting facelift without getting bogged down due to time constraints.
Replace the Garage Door.
While “good bones” are the essence of a quality house, the truth remains that it will be difficult to sell a house quickly if it does not have strong curb appeal, as buyers will require extra persuasion to invest their hard-earned dollars in a property that is not visually pleasing.
To this effect, one of the quickest ways to improve curb appeal is by having the garage door replaced. A dinged and dented garage door can be an unsightly wart on an otherwise pristine property, so with a time investment of as little as a few hours, an updated garage face can quickly eliminate any hesitation buyers may have about the home’s outside appearance. To further complement your garage’s new door you can consider some garage door trim ideas such as an arched trim.
Invest in Fiber Cement Siding
Buyers are easily sold on home improvements that will limit future repair costs and the time required for upkeep. With this in mind, one of the most common sense renovations you can make is to replace dated siding with more innovative options.
While quaint, rustic materials, such as natural wood planks and shingles, continue to provide a desirable look for many buyers, they are extremely time-consuming to maintain and quickly degrade when not attentively cared for.
Therefore, when considering rustic siding options, those fabricated from fiber cement provide a superior alternative that is nearly indistinguishable from the natural material itself. This innovative siding requires next to no maintenance on the part of the homeowner, all while providing excellent insulation and weather resistance, making it one of the best house siding material options when considering return on time invested.
Take Steps to Accommodate Aging-in-Place
Aging-in-place involves the process of living comfortably and enjoying the functionality of your home as you advance in age. With the United States set to absorb a record number of retirees leaving the workforce, the market is fraught with possibilities for those house flippers who have taken steps to appeal to this clientele.
Some quick, effective renovations that will play to the aging-in-place market include:
- Installation of home handrails in the kitchen and bathroom to aid in stooping and rising
- Shower seats and bathtub doors to add convenience and limit the chances of slipping
- Shallow kitchen sinks and low kitchen cabinets to limit the amount of reaching required
About the Author
Matt Lee is the owner of the Innovative Building Materials blog and a content writer for the building materials industry. He is focused on helping fellow homeowners, contractors, and architects discover materials and methods of construction that save money, improve energy efficiency, and increase property value.