Four Tips for Renovating your Vacation Home for Resale

You’ve bought your vacation home and you want to make improvements to resell in a few years. What are the right renovations to get the most bang for your buck in this fickle market? There are several things that you can do to accomplish this. Let’s look at a few of them now.

Make improvements that count.

Experts agree that the right renovations, especially bathrooms and kitchens affect the marketability and the rentabilty of your Vacation Home. Bathrooms have become a popular remodeling choice, and for good reason, they have the highest rate of return of any home addition or home remodel. Real estate agents agree that a gleaming kitchen with state of the art appliances, cork or hardwood flooring, stone countertops and lots of cupboard space can sell a house the instant a prospective buyer sees it. Conversely, a cramped, ill lit kitchen with outdated linoleum and harvest gold appliances might actually scare buyers or renters away. Now you may not want to go to that expense if this is a little mountain cabin get away that you only plan to use yourself a few times a year. But you have other options

Update what you can’t renovate.

If you can’t afford to renovate, update and refresh key rooms instead. Replacing an old countertop, repainting cupboards and walls, installing new door pulls and lighting make big improvements to your kitchen for a very modest price.

Similar touches increase appeal of older bathrooms, too. Fresh paint throughout your home is another low cost, high return project. It makes everything look cleaner and brighter. Decorate with rustic lighting or rustic furniture this will add a mountain cabin charm that will make your rental special. When you are ready to sell, buyers love a vacation home they won’t have to redecorate immediately. And renters who find that perfect vacation home to rent will return year after year.

Maintain where you can.

Depending on the age of your Vacation Home you can expect to spend between one and three percent of it’s value every year on maintenance and repair. Your maintenance budget should increase as your Vacation Home ages, so remember to include funds to replace major items as required. Foundations and roofs are things that are difficult to inspect, but the long run minor repairs can save about ten times the cost of work necessary to replace or rebuild.

Don’t over improve:

Before you commit to any big project, ask, “Is this improvement out of character for my neighborhood or area ?” If the answer is Yes, you may be consigning your house to an oddity status. If your vacation home is improved beyond the scope of all the surrounding area. Then it is likely your vacation home’s value won’t be realized when it comes time to sell.

Do your home value homework before you remodel. You want to attract good seasonal renters plus have the comforts you prefer when using your Vacation Home. But you don’t want to go overboard unless you intend to hold onto it for years to come. Be certain your choices will help you sell that Vacation Home when the time comes.

Buying property is a huge investment. Having someone to keep your interest in mind can be the difference between a good investment or a poor one. Be smart hire a responsible buyers agent like Gary Ward before you buy a mountain vacation home. or a vacation cabin.
Questions? Email Gary:

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Renovating Your Home the Environmentally Friendly Way

If you’re interested in “greening up” your home renovation, here are some tips that can give you ideas. Environmentally friendly options are making it easy to improve your property without taking a heavy toll from the environment. Not only will you benefit your natural environment, you’ll also benefit your community.

If you’re selling your home and want an interesting way to attract buyers, promoting your home as environmentally friendly can help bring in offers. People are more environmentally aware these days, and anything that is seen as a “better choice” is popular. It stands to reason that if you go the ecological route, you might snag more offers.

– Shop Local for Tools and Supplies

Buy from local stores. If you can, patronize local manufacturers of furniture and other household items. Why pay for something that took a lot of fuel to transport when you can buy it locally? You’ll contribute to your community and help sustain the businesses of local people.

– Repair Instead of Replacement

Repairing and repainting will waste less material than buying a completely new item in many cases. Replace if you have to, but look at repair first. Most of the time, it’s cheaper, too.

– Buy Energy-Efficient Replacements

If you have to replace anything in your renovations, go for Energy Star qualified products. The website will show you a large number of appliances and equipment that are energy-efficient.

– Buy Recycled and Low-VOC Paint

If you’re repainting, check out the many options in environmentally-friendly and recycled paint available today. It used to be that paint was only available new, but now there are companies recycling unused paint and cans. Look for low amounts of Volatile organic compounds (VOCs) in your paint, primer, adhesive,

– Lay Sustainable Floors

Putting down new flooring? Consider bamboo or another sustainable material. Be aware that not all homes are suitable for all types of materials and choose your floor accordingly. Make sure that any prospective buyers are aware of any special care the floor needs. Reclaimed wood is another option.

– Erect Sustainable Fencing

Bamboo fences can last up to 20 years and have an attractive look to them. Willow fencing lasts about 10 years and can be purchased in rolls that accommodate curves in a yard easily. Reclaimed wood is another option that will provide you with attractive fencing that lasts for years. There are also new options in recycled fencing available.

– Clean Green

Use “green” cleaning supplies. Many of them, like orange oil cleaners, leave a pleasant scent in the home. Baking soda is a great scrubbing powder that doesn’t give off noxious fumes. Don’t use room sprays; they don’t smell as great as the companies that make them tell you they do. Bake bread or burn a SMALL amount of essential oil to infuse the air with a pleasing smell.

– Think light

Install energy efficient lights and consider solar panels and strategically placed windows that allow you to make the most of the sun’s natural light.

These are just a few ideas to help get you started. Visit your local green store or environmental action group to get more ideas for your green home renovation.

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