Top 4 Best Renovation Ideas for a Home Flip

Top 4 Best Renovation Ideas for a Home Flip
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    Flipping homes is a great way to make money, provided you have the right approach.

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Flipping homes is a great way to make money, provided you have the right approach. These 4 renovation tips are going to help you get the best possible bang for your home flipping buck!

Enhance the Exterior of the Property

The first thing your prospective buyers will see and remember is the look of the exterior. You want the exterior to really make the prospective buyer fall in love with the place. Once the buyer makes an emotional connection with the property they will be more likely to pay top dollar for it. Some simple ways to enhance the appearance is with new paint and landscaping work. These small details will enhance the aesthetics and curb appeal of the property which translates into more money in your pocket.

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Flooring

When the prospective buyer opens the door the first thing they are going to see is the floor. If the flooring in the home is not impressive you should swap it out to more modern flooring. The majority of people appreciate the look and feel of hardwood flooring so you might consider using laminate which has a comparable look at a fraction of the cost. If the home already has carpets in the bedrooms, you could leave them in there since many people prefer carpeted bedrooms. Just be sure to clean them thoroughly!

Modernize the Bathroom(s)

If the bathroom is dated or just looks “tired” you can really increase the perceived value of the property by modernizing it. You do not have to change the plumbing fixtures just consider adding new tiles and swapping in a new toilet/bathtub, or changing the countertop. This simple renovation can really boost the value of the property so don’t overlook it.

view “everything” on bedroom remodeling and design

Update the Kitchen

The kitchen is where people spend the bulk of their time so it has to really “wow” the prospective buyer. They need to envision their family having breakfast before heading off to work/school. By updating your kitchen it will have a profound impact on the resale value.  Start with the kitchen cabinets; you may be able to repurpose the ones that are currently in place. If repurposing is not an option you may be able to find a suitable alternative by going to your local renovation supplier and find out if they have discontinued kitchen cabinets in stock. You may be able to get those at a discount. Consider investing in modern appliances as well.

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Maximizing Your Home Flipping Return on Investment

If you are a seasoned expert then a considerable amount of what we covered may already be part of your property flipping methodology. There are alternative ways you can make money flipping homes, for example by participating with firms like Flipping Houses 101 you would be able to tap into this incredible opportunity. There is money to be made flipping houses no matter the economic climate you just need to have the most aggressive cost cutting measures in place.

Home Remodeling reference:

AMAZONS BESTSELLERS: home decor

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