Although interior design can make your home new and current, it can also preserve the character of old homes. However, for your old home to gain an edge, you need the help of an experienced interior designer. Nowadays, using the latest floor styles, countertops, and lighting, you can remodel your old home especially if you are looking to resell.
Although the design and style of a home do not affect the sale of a house, buyers consider these factors when choosing between new construction and resale. When realtors help potential new buyers in areas with newer units nearby, they battle a misguided perception that existing homes are not desirable even if they are in their pristine condition. Ergo, modernizing your home will make it competitive especially if you are looking to resell.
You don’t have to break the bank when remodeling your old home because small upgrades like adding a fresh coat of paint, changing the old kitchen and door hardware and adding aesthetic details can increase the resale value of your home. However, the most important upgrades sellers can make include bathroom remodels, energy-efficient appliances and new countertops. Nevertheless, not all home sellers are willing to spend thousands of dollars on their old homes to gain an edge.
Aesthetics have added value to new construction & resale homes. Some advantages of improving older homes include:
i. Better lifestyle options – normally, older homes are located close to public transportation, schools, restaurants, and shopping. On the other hand, new constructions are on the town outskirts. Therefore, when you buy an improved older home, you will have a better lifestyle because you will be near social amenities.
ii. Investment in both curb and backyard appeal – many sellers of older homes have added porches and decks to improve your home. These homeowners have worked closely with contractors, landscapers, and contractors to improve their curb and backyard appeal. As a result, potential buyers will not spend extra money to make these changes. However, they may have to spend some money to make some changes. For example, laying sod or planting grass on their front or back yards.
iii. Individual charm – unlike new construction, older homes have a new charm because they’ve historic features that add an extra appeal. Older homes are surrounded by larger and mature trees thus offering more privacy and individual charm.
However, since the floor plan, interior finishes and the size cannot be changed, it is impossible to customize older homes. But, if the buyer wants to make these changes, he/she may have to invest a considerable amount of money. Secondly, as the demand for eco-friendly homes rises, it is hard to retrofit green features in resale homes. Finally, resale homes’ design cannot be changed regardless of the remodels or appliances you will buy. Therefore, when buying a resale home, you will have to be contented with the design while enjoying associated benefits.