Our homes can either be an asset or a liability depending on our understanding and use of it.
To those who do, it is important that we know when we can be able to boost the value of our home if we intended to sell it in the future. Here are some tips as suggest by Yahoo Finance:
1. Make sure that floor plans are in consideration with being useful. Millennials are opting for a house that isn't necessarily big but if the house has a space that they can use as an extra room or an office would be great! Flexible rooms are also welcome. These are the type of rooms that has a double purpose ie. living room that can also be turned into a sleeping area for extra guests that may come to visit.
2. Kitchen reigns supreme in the house. Helpful counter tops and flooring, anything that can accommodate food and the magic hands of the cook of the house would please home buyers.
3. Energy efficient homes are also attractive. With all the bills and other necessary everyday expenses if you have a house with efficient LED lighting and efficient water heating, it will be a big help to your new tenant in helping them save on their electricity bills.
4. Keep the house simple and stress free. With all the stresses in the world, from office to home and anywhere else. You can only expect the millennials to have a less in more attitude especially when keeping up their homes.
5. Paint it up! Paints will keep your house looking their best and those house where the paint has been upgraded would always look new. Your house should look it's best during the open house for it to make a yes to the sale.
6. Technology savvy. Forget about the wired connectivity, they don't sell anymore and if they do it isn't so much. Techie millennials would prefer to go wireless and so if the house is built for it smart connectivity, then that makes the home a valuable space to the millennials.
