Thursday, July 15, 2010

Top 8 Projects to Add Value to Your Home

Whether you're looking to update your home or get it ready to put on the market, you will see a return on your investment with some projects more than others.  Not all of these may be necessary or financially reasonable in your situation, but if you're ready to tackle those home improvement projects consider some of these:

  1. Remodel your kitchen.  It may be time to get rid of those old avocado, white, or yellow appliances and replace them with something more modern.  Updating appliances and countertops and resurfacing cabinets is one of the best ways to add value to your home.
  2. Add a garage.  Though costly, homes with at least two garages are more appealing to home buyers.
  3. Remodel your bathroom.  Consider replacing old light fixtures, add a fresh coat of paint, and consider updating the flooring or adding a Jacuzzi tub.  All of these will help add value as well.
  4. Install the right flooring material.  Wood and ceramic tile flooring are all popular now.  If you know you have wood floors under your carpet, consider pulling the carpet and freshening the wood flooring underneath before putting your house on the market.
  5. Increase curb appeal.  Your house only has a few seconds to make a great first impression so make it count.  Does the outside of the house need repainting?  Is the landscaping free of weeds and well-kept?  Add some potted plants and flowers to brighten things up.
  6. Add natural light and open up the space.  Another costly project, but many home buyers like open, cheery floorplans.  Too many walls can close a space in.  See where you can add windows or patio doors and consider knocking out walls to open your home. (ex: a wall between your kitchen and dining room).
  7. Apply a fresh coat of paint.  Paint can make a home look brand new, but bold colors may turn off potential buyers.  Stick with something neutral.
  8. Clean up clutter.  Take out unnecessary furniture and clean out the clutter inside and outside the home.  Keep it simple.
Before I list a home, I look at these things and review with the seller what items they should consider doing  to help sell their home within a reasonable timeframe and at the best price.  Most times, the projects can be completed over a weekend and cost little out of pocket.  When you are ready to list your home or if you have any questions, feel free to contact us.  We're here to help!

No comments:

Post a Comment