The value of property will rise and fall but as a homeowner you will greatly benefit from the increases that will happen in the long run. Real estate value has shown to increase when you look at a span of several years.
But instead of just waiting for prices to rise to your favor you can also help them by adding an extra bathroom to your home. Especially if you currently have only one bathroom than an additional one will help you increase the value greatly.
You'll need a basement in order to do this but if you're one of the lucky ones to have a basement here are a few tips that will help you add that extra value to your home without spending a fortune.
Tip #1: Taste is very different and unless you have a very conservative taste do not try to add your personal touch to the design of the bathroom. Go for what the broad majority of people will tend to like as that is the safest bet.
Tip #2: Since you're not in a hurry do not rush out and by them first items that come to mine. Be sure to check all the catalogs and brochures and compare prices. Check for discount sales and maybe even closing sales. You'll be able to do some great bargains and save thousands of dollars doing so.
Tip #3: Do not go for luxury and highly priced products. Don't choose Italian tiles and the latest design in toilets. People are not likely to pay extra for these kinds of things and you'll only decrease the potential profit you're trying to create for yourself.
Tip #4: If you know how to lay tiles or install a toilet and a sink you're in luck. You can literally save thousands of dollars by doing as much as possible yourself. Professionals are expensive and should only be used if there is no other way.
Each of these four tips can be followed on it's own but if you combine them you will get the greatest benefit from it. You will probably be able to see home value increase by at least 5 times the price of the materials you have put into it and maybe even more. - 15252
But instead of just waiting for prices to rise to your favor you can also help them by adding an extra bathroom to your home. Especially if you currently have only one bathroom than an additional one will help you increase the value greatly.
You'll need a basement in order to do this but if you're one of the lucky ones to have a basement here are a few tips that will help you add that extra value to your home without spending a fortune.
Tip #1: Taste is very different and unless you have a very conservative taste do not try to add your personal touch to the design of the bathroom. Go for what the broad majority of people will tend to like as that is the safest bet.
Tip #2: Since you're not in a hurry do not rush out and by them first items that come to mine. Be sure to check all the catalogs and brochures and compare prices. Check for discount sales and maybe even closing sales. You'll be able to do some great bargains and save thousands of dollars doing so.
Tip #3: Do not go for luxury and highly priced products. Don't choose Italian tiles and the latest design in toilets. People are not likely to pay extra for these kinds of things and you'll only decrease the potential profit you're trying to create for yourself.
Tip #4: If you know how to lay tiles or install a toilet and a sink you're in luck. You can literally save thousands of dollars by doing as much as possible yourself. Professionals are expensive and should only be used if there is no other way.
Each of these four tips can be followed on it's own but if you combine them you will get the greatest benefit from it. You will probably be able to see home value increase by at least 5 times the price of the materials you have put into it and maybe even more. - 15252
About the Author:
For more valuable tips on how to increase your property value and detailed descriptions on installing a basement bathroom or doing a basement toilet installation be sure to check out the author's website.
