• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • RECOMMENDED BOOKS
  • FREE TOOLS
  • CONTACT US
  • ABOUT

The Fortunate Investor

Investing, Business & Personal Finance For Wealth Builders

  • Save Money
  • Invest Your Money
  • Get Out of Debt
  • Making Money Online
  • Family & Money
  • Taxes
  • Business
  • Retirement
    • Retirement Calculator
Home » 3 Tricks To Help You Boost The Value Of Your Property Investment

3 Tricks To Help You Boost The Value Of Your Property Investment

March 18, 2020 By Kevin | This article may contain affiliate links. For more information visit our Disclosure

Tweet
Share
Pin
Share
Share

3 Tricks To Help You Boost The Value Of Your Property InvestmentProperty investments are big money-makers. For the most part, you will always make money from real estate if you hold onto a house for a few years. The general trend is that house prices always go up over time, so you can make a sizeable profit. 

Of course, this isn’t a 100% guarantee. Especially if you don’t look after your property investment! With that in mind, here are a few tips and tricks that will help you boost your investment value even further, maximizing your profit potential. 

Improve the visual appeal

Many things get taken into account when deducing how much a property is worth. One thing that always takes top priority is how the house looks. It’s no secret that beautiful houses will sell for more than ones that look run down. So, focus on this as a good starting point. Invest in things like outdoor paneling to upgrade the exterior design and make your house more aesthetically pleasing. Consider simple things like replacing old window fixtures or laying out some new wallpaper in the rooms. If your house looks nice, it becomes more desirable. Thus, the value will increase. 

Repair and prevent

Repair and prevent

Let’s explore a scenario where you’re buying a house. You don’t need to imagine this as you’ve probably recently invested in property anyway! When you were looking at the different options, did you feel inclined to choose houses with lots of lingering repairs? You most likely didn’t, because it means the home requires a lot of work. The same goes for anyone that’s looking to buy a house – nobody wants to inherit a property that’s riddled with problems. So, if your investment has a few little chinks in the armor, make sure you repair them. Even if they seem minor, a few repairs here and there can prevent larger issues from unfolding in the future. As a result, your property is more appealing to buyers, so the value rises. 

Create more space

The amount of space in a home is crucial when selling it. Needless to say, bigger homes tend to fetch more money than smaller ones. The only time a smaller home will be more expensive is if it’s in a particularly desirable location. Unfortunately, you can’t pick up your property and move it to another place to boost the value. Hopefully, you already invested in a property in a great location, so this won’t be much of an issue. Instead, find ways to create more space in the property. This can be as easy as redesigning the layout of rooms to make them seem bigger, adding mirrors to give the illusion of space, or a slightly larger job like extending the property. Home extensions require some additional investment, but they usually provide excellent returns as your property may go from a three-bedroom home to a four/five-bedroom one. Thus, it attracts more buyers and can be sold at a higher asking price. 

Arm yourself with this knowledge to boost the value of your new property investment. Don’t get into the habit of buying and selling immediately – this won’t generate the biggest returns! Instead, keep the property for a few years – maybe even live in it – while focusing on the three things mentioned above. Then, you can sell it for a lot of cash. 

  • About
  • Latest Posts
Kevin
Kevin has been a professional writer in personal finance and business topics for over 20 years.
Latest posts by Kevin (see all)
  • Startup Tips To Help You Get Started - January 22, 2021
  • Have You Thought About These Business Essentials? - January 19, 2021
  • Enhancing trading performance with three easy techniques - January 13, 2021

Primary Sidebar

Popular Articles

How to Avoid the 4 Biggest Business Risks

How to Avoid the 4 Biggest Business Risks

There are so many things that can go wrong when you run your own small business. You’re on a tight … Read More about How to Avoid the 4 Biggest Business Risks

Startup Tips To Help You Get Started

Startup Tips To Help You Get Started

Starting your own business can be daunting for any budding entrepreneur. It’s about having the … Read More about Startup Tips To Help You Get Started

What You Should Do If You Have An Accident At Work

What You Should Do If You Have An Accident At Work

Sustaining an injury can be a nightmare for many reasons, and it’s important that you know how to … Read More about What You Should Do If You Have An Accident At Work

Should You Save Or Get Credit Here’s The Answer

Should You Save Or Get Credit? Here’s The Answer

When it comes to your finances, you may find that you just don’t really know where to start with it. … Read More about Should You Save Or Get Credit? Here’s The Answer

6 Key Strategies To Enhance Success in Family-Owned Businesses

6 Key Strategies To Enhance Success in Family-Owned Businesses

Did you know that family-owned businesses generate most of the world's wealth? Take the United … Read More about 6 Key Strategies To Enhance Success in Family-Owned Businesses

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
INSTAGRAM
YOUTUBE

Copyright © 2021 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service