| Your Resource to local real estate information |
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Best Bet Home Improvements
Sure, you can spend a lot on something purely for the personal pleasure
of having it—like that outdoor Jacuzzi under the attached gazebo—or you
can go the practical route and make an improvement that will increase
your home's market value. If you're looking to improve the appearance of
your home for resale, or you just want an updated look for your own
enjoyment, consider a few things before beginning any costly project.
It may not sound very exciting, but it's the basic improvements you
make to your home that may have the greatest return on its value: a
beautiful new bathroom won't make up for a leaky roof.
Below are
some examples of a few improvements that usually pay off—and some that
rarely make a difference (no matter how much you paid for them) when it
comes time to sell your home. |
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| "...it's the basic improvements you make to your home that may have the greatest return..." |
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Painting
If you're planning to sell your home in a year or two, a fresh coat of a
neutral-toned paint could make the sale easier. A professional exterior
paint job may also recoup close to 75% of its cost. Let's face it— we
all like things fresh-looking. |
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Kitchen
With just a few basic improvements, your kitchen can practically pay
you back with interest! New paint, wallpaper and flooring are always
appreciated. Replacing old cabinet hardware is a low-cost improvement
that makes a big difference in appearance, according to the Remodeling magazine. |
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| Don't expect your money back: |
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Swimming Pool
In a word-don't! Unless you're putting it in for you and your family to
enjoy, it's commonly agreed that a swimming pool has no resale value at
all. |
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Picture-Prefect Gardens
If the potential buyer is not horticulturally inclined, chances are
your floral handiwork won't add to the offering price. The same can be
said for expensive fences and stone walls-they look nice, but buyers
don't pay up for them. |
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kim@kimkroner.com
kimkroner.com |
If
you have a brokerage relationship with another agency, this is not
intended as a solicitation. All information deemed reliable but not
guaranteed.   |
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