Engel & Völkers
  • 2 min read

Small changes, big impact: economical renovations that increase property value

In the world of real estate, even small changes can make a big difference. This article will show you how to increase the value and attractiveness of your property with inexpensive renovations.

1. Why are cheap renovations important?

Cheap renovations are a smart strategy to increase the value of your property without putting too much strain on your bank account. They enable an efficient increase in property value, whether for sale, rent or simply to improve your living comfort. They also help to highlight the property on the market and make it more attractive to potential buyers or tenants.

2. Interior Design

Interior design is about achieving a great effect with a few targeted measures.

  • Colour Schemechoose light, neutral tones for the walls to visually enlarge the rooms and create a fresh, modern atmosphere. Colours such as beige, light grey or soft blue tones are particularly popular.

  • Flooringreplace worn carpets with laminate or vinyl flooring. Not only are they cheap, but they are also easy to maintain and durable. Sanding and repainting existing wooden floors can work wonders.

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3. Light and Lighting

The right light can work wonders and is essential for defining the atmosphere of a room. Discover how light can transform your home while improving energy efficiency and living comfort:

  • Natural lightingremove heavy curtains and replace them with translucent curtains to let more daylight into rooms.

  • LED lighting: Replace conventional light bulbs with LED lamps. These are energy efficient and have a longer life. Also consider installing dimmable lights to individually adjust the atmosphere in the rooms.

4. Smart Home Technology

In the age of digitisation, smart home technology is not just a trend, but an essential part of modern living.

  • Smart Thermostats: A smart thermostat is an economic investment that not only increases living comfort, but also helps save on energy costs.

  • Securitysimple smart home security systems, such as doorbells with camera or motion sensors, offer additional security and are an attractive feature for potential buyers or tenants.

  • Lighting and Control: Smart lighting systems that can be controlled via smartphone or voice command increase comfort and are a modern upgrade for any property.

Conclusion

With these tips, you can effectively and inexpensively enhance your property. Each of these measures helps to increase the value of your property and make it more attractive to both yourself and the market. Remember, even small changes can have a big impact!

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