Securing Investments Through Property Upgrade
We explore securing investments through property upgrade and discover how it can help you to achieve more secure living.
A Housing Market In Flux
Since 2008, the financial crisis has forever changed the housing market in the United States. Ripple effects have even reverberated worldwide. Property investiture is becoming risky business, and if you’ve got assets tied up in yours, it makes sense to protect them.
Upgrade Your Premises
There are a number of ways you can increase the value of your property, both inside and outside. Think of it like taking a shower: if you’re going to clean up your insides, it helps to clean up your outside. Consider the lawn, and the state it’s in. If it can be saved, or is in good shape, make sure it looks its best.
Keep in mind that whatever you choose will have to be maintained; so you might want to look for easy options. In certain neighborhoods, a basketball court might be a good idea. Depending on size, a hot tub might make even more sense.
You could even install a miniature forest with a rock trail going through. This will take years to mature, though; so be prepared to wait.
As soon as you have a new home, it makes a lot of sense for you to upgrade what you can. Make projects for yourself. Repair damaged aspects of the property. And if you find yourself having fun, then keep doing what you’ve begun to enjoy!
Onward Toward the Interior
It may make sense for you to approach a realtor about upgrades that will bring in the most value when compared against the cost of installation. Sometimes a kitchen remodel can be done with a lack of relative expense, and will pay for itself (albeit with little profit) on the back-end when you sell the home. Sometimes even the best remodel can’t recoup enough value to make itself worthwhile.
One inexpensive measure of increasing value is had in the form of Vinyl. According to Ferma Flooring, vinyl wood plank flooring installation: “replicates the look of a natural product which has natural variations in color and texture.” Appearance can be everything, and it may only take your redoing one or two rooms near the entryway.
You should ensure the bathrooms are in good repair as well, and updated as per social expectations.
There are new fads in sinks and shower-heads these days, and sustainability options are increasingly popular both for their low-impact on the environment, and their ability to save the user money over time.
A Hybrid Arrangement
Solar panels are kind of a hybrid between the interior and exterior of the house, in that they bring power from the outside to the inside. What’s fun about solar panels is they can actually raise a property’s value substantially, while saving money for their users at the same time.
If you pay $100 a month on electrical, you’re paying $1,200 a year. But you can install a solar system for between $3100 and $6200 (at between $1 and $2 per Watt; industrial rates nationally are $.70 a Watt) that will provide you trustworthy power for a sustainable, warrantied ten years. That means you get five years of free energy; or roughly $3,800 to $6,900 in savings, depending on the cost of your panels, and the cost of your utility bill.
Additionally, a properly installed solar array of 3.1 kWh stands to increase your property’s value some $18,000+. Even better news: the more panels you install, the greater the property value increase.
Between solar panels, progressive innovations in flooring, and exterior remodeling, you can substantively upgrade your home in a cost-effective way which saves money and increases value over time, representing solid investiture.
Name: Kevin Bennett
Title: SEO Marketeer
Kevin is an SEO marketeer with OutreachMama and Youth Noise who designs value-rich content aimed at increasing clientele for expanding businesses. Networking, building partnerships, and providing quality products with shareable value make this possible. He’s an author (“Amphibian” and “The Thief and the Sacrifice” to his credit) whose professional writing follows business trends in technology, marketing, SEO application, and much more.
Featured image: By Orygun – Own work, CC BY-SA 3.0, source
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