One of the biggest investments a person will ever make is investment in real estate. Whether you live in it or rent it out, it’s crucial to make plans for how to preserve its worth during its peak years. Refurbishment, renovation, and upgradation are vital aspects of maintaining a property and getting a high yield from it. Investors seek out old homes in the USA, Canada, and the UK, renovate them, and profit handsomely. A house that has been updated will guarantee significant profits in Dubai.
In this article, we will discuss some of the easiest ways through which you can upgrade your property.
Hire a professional property management company
If you want the upgradation procedure to get done faster and in a cohesive manner, hiring a professional project management service should be your top priority. Look for renowned property management services and choose wisely. Hiring a qualified project management firm is one of the most practical options to upgrade a property. They can complete renovations on schedule and within a certain budget and make things much easier for you. They can also manage various components required for the renovation, such as architects, suppliers, contractors, etc.
Go for kitchen and bathroom upgrades
Kitchen and bathroom renovations are believed to offer the best return on investment because prospective buyers focus on these two a lot. Bathrooms and kitchens are the two areas in a house that receive a lot of traffic and are also among the most sought-after features when someone is looking to buy a property. Therefore, upgrading your kitchen and bathroom is highly recommended because it increases the value of your property by several dirhams, along with adding an aesthetically-pleasing touch to it. Don’t forget to look for professional Real Estate Brokers Dubai to get the best value for your upgraded property.
Below are some of the easiest and hassle-free ways to upgrade your kitchen:
Adding a new, trendy washbasin or new kitchen countertops can instantly update the design of your kitchen. New kitchen counters enhance the room’s durability, use, and overall appearance.
A backsplash in the kitchen style can also be added to offer a contemporary feel. Rustic stone, marble backsplash tiles, traditional white subway tiles and contemporary backsplash mosaics, are some of the many options you can select from.
Consider renovating the floors, updating the cabinets’ pulls and knobs, and remodelling the kitchen cabinets.
Renovate the living room
Upgrading the living room is crucial to the property’s improvement. The living room can be refurbished with several home remodelling techniques, such as adding vintage-style furniture, buying new rugs, tables, and sofas, and changing the colour scheme. Your living space will appear larger and more inviting by adding warm colours.
If you go for an off-plan property, this will become even easier as you can have the living room customised however you want at a lower cost. This is your cue to go on a quest for an off-plan property for sale in Dubai.
Landscaping
The front of a property is the first thing buyers will notice, any upgrades will be worthwhile. There is no denying that colourful plants and shrubs can enhance the curb appeal of any property, but remember to “think green” when making your purchases at your neighbourhood garden centre. Purchase local plants or drought-tolerant plants as these do not require much less water and upkeep, leading to greater savings and return for you. Changing the front door is also a wise step to take since it is the face of a property and will represent the property’s status. A few door designs you can choose from are elegant wooden doors, louvred doors, rustic wooden doors, glass doors, sliding doors, and digital door designs.
Endnotes
Remember, upgrading property for valuation purposes requires you to pay close attention to your ROI (Return on Investment) calculations. Consider making modifications that immediately increase resale value instead of investments with low ROI in the long run.
