Increase Your Home's Value With These Tips
As a realtor, I get asked the question time and time again, "What should I do to boost my home's value?" According to Realtor Magazine, a minor kitchen remodel will recoup the most based on national average costs.
Some other projects that will give a good return on the investment are: bathroom remodel (85%), major kitchen remodel (85%), family room addition (80%) and deck addition (77%).
Other projects to consider are master suite (75%), attic bedroom (74%), siding replacement (73%), window replacement (69%) and a home office (55%).
Projects that may increase your home’s value include: Jacuzzi (4 jets or more); permanent hot tub; in-ground pool; security system; sprinkler system; substantial out buildings; and vaulted ceilings. These may not add value to your house: above-ground pool; ceiling fans; garden pond; and light fixtures.
When remodeling, think about mass appeal. You may want to visit a few model homes to get good ideas about color and textures, because they design to appeal to a large number of home buyers. Also, try to make sure the materials you use are durable and of high quality. Realtor Magazine also advises to keep the value of your home within 15 to 20 percent of your neighbor. I hope these tips give you a clear insight into what projects will bring the most return in value when you sell your home.
To find out your home valuation, visit my website page Sell to find out more about what your home may be worth.