As a homeowner, you must keep in mind the importance of your property, from its looks to its value. But you may be wondering how you can increase your home’s resale value. Well, we have a solution for you! Through renovation! Renovation in Singapore is an excellent opportunity to upgrade your property while still making a decent profit. However, before you begin renovating, you must comprehend the methods and confirm your plans. You must also consider your budget and goals to reach a higher return on investment (ROI).
Here are ways to increase your home’s resale value through a renovation in Singapore.
1.Invest in kitchen upgrades
Investing in a kitchen makeover will undoubtedly increase the market value of your property. The kitchen is considered as the heart of a home because this is where families cook, bond, and eat. Therefore, creating a beautiful and functional kitchen to increase the value of your home is a must.
Kitchen renovations in Singapore typically cost between $10,000 and $30,000. So, you’re probably thinking, “wow! That’s a ton of money! ” Don’t worry, because a small update can still add a significant amount of value to your property. According to Remodeling’s 2020 Cost vs. Value report: “a mid-range, minor kitchen remodel that costs $23,452 has a resale value of $18,206 and recoups 77%”. With this information, you should keep in mind the materials you will use for your kitchen upgrades, like the countertops, floor tiles, and backsplash as not to waste your money and time. And don’t forget to make it modern looking, since this can help you sell your property for a higher price.
Before- Kitchen Renovation Block 258 Tampanies.
After- Kitchen Renovation Block 258 Tampanies.
Before- Kitchen Renovation, Heliconia.
After- Kitchen Renovation, Heliconia.
Before- Kitchen Renovation, Block 127, Bishan.
After- Kitchen Renovation, Block 127, Bishan.
Before- Kitchen Renovation, Laguna 88, 46 Eastwood Rd.
After- Kitchen Renovation, Laguna 88, 46 Eastwood Rd.
2. Avoid merging rooms
You may believe that combining your rooms to make a larger room will benefit you. Unfortunately, this is not the case because numerous bedrooms are in great demand in the real estate market. Furthermore, most families would prefer to have extra rooms, even if it is small, because they can be used as a child’s room or even a mini-office!
Instead of combining rooms, you may visually enlarge your area to make it look larger. You can change your curtains to let more natural light into the area, add a large mirror, or include an open storage system to make it appear less cramped.
3. keep it minimal but trendy
When you make a renovation in Singapore for home resale, keep in mind that your home should be simple and more modern looking, or what we term “trendy” these days.
Lavish furnishings or fixtures might cost a lot of money but do not guarantee a high ROI because not all purchasers desire costly, extravagant, or one-of-a-kind features in their property. As a result, it is critical to stick to affordable things that are current and modern in appearance.
Before- Living Room Renovation Block 258 Tampanies.
After- Living Room Renovation Block 258 Tampanies.
Before- Bed Room Renovation Block 258 Tampanies.
After – Bed Room Renovation Block 258 Tampanies.
Before- Bed Room Renovation Block 258 Tampanies.
After – Bed Room Renovation Block 258 Tampanies.
Before- Roof Top Renovation, Heliconia.
After- Roof Top Renovation, Heliconia.
Before- Landed House Living Room Renovation.
After- Landed House Living Room Renovation.
Before- HDB Living Room Renovation.
After- HDB Living Room Renovation.
4. Ask for professional advice.
You might have plans and ideas, but you do not know how to start. Then, you are in luck because we, at Design CliniQ can help you with that!
We can provide you with affordable and accessible services and will surely take your ideas to the next level, because here at Design CliniQ, we value you and your time!
Read More: Finding the Right Tiling Contractor in Singapore that can Help Turn Your Dreams into Reality