Nestled along the scenic coastline, Texas waterfront homes boast a unique charm that captivates both residents and potential buyers. If you’re contemplating selling your waterfront property, investing in strategic renovations can significantly enhance its appeal and market value.
These renovation tips will help you transform your Texas waterfront home into an irresistible haven for potential buyers.
#1 Embrace the Views
According to Knight Frank’s Global Waterfront Index, waterfront properties around the world generated a 118 percent premium on average in 2023. After all, the demand for this type of waterfront property is very high. One of the main reasons behind this growing demand is the beautiful views such waterfront properties offer.
Therefore, before putting your Texas waterfront property on the market, consider making enhancements that capitalize on this unique feature. This might involve enlarging windows, installing glass doors, or even adding a spacious deck.
Seamlessly blending indoor and outdoor spaces can help you create a seamless flow that allows natural light to flood your home. It will also help highlight the spectacular scenery that comes with waterfront living.
Furthermore, consider investing in landscaping that complements the natural surroundings. Well-maintained gardens and strategically placed foliage can accentuate the waterfront ambiance, providing potential buyers with a captivating first impression.
The Spruce reports that landscaping can cost you between $4 and $17 per square foot. In the US, the average cost of professional landscaping services is around $11 per square foot. If you don’t want to spend a lot of money on landscaping, get it done just before putting the property up for sale. Make sure the pictures that accompany the listing are taken once proper landscaping is done.
#2 Upgrade Outdoor Living Spaces
Texas’s warm climate provides an excellent opportunity to make the most of outdoor living spaces. Enhancing your waterfront property’s exterior can significantly boost its market appeal.
Consider adding features like a stylish patio, a deck with built-in seating, or even a cozy fire pit. Some of the New Braunfels waterfront homes for sale in Texas right now are thriving on the market due to these very features. Such additions create inviting spaces for potential buyers to envision themselves relaxing or entertaining guests. They also increase the overall functionality of your home.
According to The Hill Country Luxury Group, several waterfront property owners are selling their New Braunfels homes at prices upwards of $3 million. Much of it has to do with the fact that these properties have exciting outdoor spaces attached to the homes.
Hence, when a potential buyer sees such a property, they immediately imagine it as their vacation home or dream home. Many then end up buying the property. Also, when selecting outdoor furniture, opt for materials that withstand Texas weather conditions, ensuring long-lasting appeal.
You can even consider adding areas where residents can participate in water sports or activities like water skiing or fishing. Many Canyon Lake waterfront homes for sale in Texas offer such areas for activities, mostly for fishing. As a result, these properties are selling at prices of $1 million on average.
According to The Lakefront Group, prices of these waterfront properties can go all the way up to $4 million. When you look at the details of these properties, you’ll notice that they always highlight the fact that residents get controlled waterfront access. This indicates that the outdoor spaces are properly prepared for enjoying various water-related activities.
#3 Update the Kitchen and Bathrooms
The kitchen and bathrooms are often focal points for potential buyers, making them key areas to focus on during renovations. Modernize your kitchen with updated appliances, sleek countertops, and contemporary fixtures. An open-concept layout can also create a more spacious and inviting atmosphere, perfect for entertaining and enjoying the waterfront views.
In the bathrooms, consider replacing outdated fixtures, upgrading the lighting, and incorporating luxurious elements like spa-like showers or soaking tubs. A fresh and modernized kitchen and bathrooms not only add value to your home. They also make a lasting impression on potential buyers, enticing them with the prospect of a stylish and comfortable lifestyle.
#4 Energy-Efficient Upgrades
Energy efficiency is a significant selling point for potential buyers in today’s real estate. Texas has a hot climate and soon, things will get even hotter in the state. According to the BBC, Texas will see more blistering heat, extreme rainfall, and droughts in the coming years. This hot climate can result in high energy bills, so incorporating energy-efficient upgrades can be a compelling feature in Texas waterfront homes.
Consider installing energy-efficient windows, enhancing insulation, and upgrading appliances to eco-friendly models. Solar panels are another investment that can appeal to environmentally-conscious buyers, providing long-term cost savings and reducing the home’s carbon footprint.
Highlighting these energy-efficient features in your listing can attract buyers who appreciate the long-term benefits of a more sustainable and cost-effective home.
In summary, preparing your Texas waterfront home for sale requires a thoughtful approach to renovations. Such an approach not only enhances your property’s aesthetic appeal but also addresses the unique challenges posed by the coastal environment.
From embracing the views to fortifying structural integrity, these renovation tips provide a comprehensive guide to maximizing the market value of your waterfront property. By investing in these strategic upgrades, you can ensure that your Texas waterfront home stands out in the competitive real estate market.