3 Simple Steps to Preserve Real Estate Value in Denver

There are many reasons why you might want to renovate your home. Often, we do it because we want to change the place where we live. Adapt it to growing needs or simply refresh it so that it looks fresh. In this case, the actual value of the house is not the main priority because we know what we want to achieve — its value to us. But often, renovation is done with the goal of selling the house, and the idea is to maximize its value.

You can confidently say that some types of renovation really significantly increase the value of your home. Just think about what you look for when buying new housing. You want the house to be attractive from an aesthetic point of view, but you also want to be sure that you won't have to invest a lot of resources to ensure its safety and functionality. That's why we've highlighted three incredibly important steps that the best contractors in Denver will offer you when you approach them with the goal of significantly increasing the value of your real estate in Denver.

1. Exterior

The exterior condition of your home is crucial for how its value is perceived when selling. Would you like to buy a house that looks dull and abandoned from the outside? No, you probably wouldn't even want to go inside and inspect the interior. Clean up the yard, take care of the lawn, do some landscaping and make sure that your home's condition sends a good message when viewed from the street.

2. Update the Bathroom and Kitchen

Which areas of your home require the most effort to maintain properly? Correctly, it's the bathroom and kitchen. Essentially, two rooms that face water and humidity. That’s why these two areas should be at the top of your renovation list before selling. A clean and fresh kitchen with functional elements and a sparkling bathroom significantly increase the value of your home. In fact, this is often the deciding factor in buying new housing because other rooms don't affect your taste as much.

3. Update the Flooring

Flooring is the largest surface in your home after walls, but unlike walls, it's not as easy to maintain and restore. Therefore, potential buyers pay close attention to the condition of flooring in a home for sale. A healthy floor speaks to attention to detail and shows potential buyers that the entire house has been well taken care of over the years. Remove old carpet, refinish if it looks worn — and you've made a big contribution to your property's value.

Selling a home is not an easy task, and it's especially hard to understand why you can't sell your older home for the price it was listed at. But there are things you can do to increase this value and make selling easier. Yes, the three aspects we've focused on are the most expensive to renovate in any home, but if they're not in excellent condition, you'll lose more money by selling the house well below its true value. Investing in some renovation work actually guarantees that you'll get more from your home.