Room Reinvention and Real Estate Value

9 Oct

Room Reinvention and Real Estate Value

The real estate market is wide, versatile and filled with profitable opportunities for business professionals across the nation. There are specific techniques and processes which one must become intimately familiar with to achieve an optimal return on their investments. Increasing the real estate value of a home you’re about to sell is one of the most effective ways to attract potential buyers and sell your home faster!

Room reinventing is one of the most effective home improvement projects, and studies show that it may increase the value of a home by 50% to 83%. It is expected that home reinventions are costly, since they are regarded as extensive and invasive makeovers. Even so, the money invested in remodeling a room may exponentially increase the monetary value of your home. Home reinvention comes in many forms, such as basement finishing or converting the attic into a bedroom.

Before going into a project guns blazing and hammers swinging, consider the most innovative and cost effective approaches. The following home reinvention ideas will help you do just that:

  1. Flexible rooms actually add more appeal to house and increasing potential buyers.
  2. Basements can work well as second living rooms or they can even be reinvented into recreational rooms. They can also be turned into small living apartments. A wet bar can also be a great addition to a basement.
  3. The attic can be reinvented into game or craft rooms. The advantage of the attic is its high ceiling which can be utilized to increase the room’s functionality and aesthetic value.

Jennifer Fields
Oklahoma City & Edmond Real Estate Agent
405.330.0031

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