How to Increase Your Home's Value
Your property value could be your best investment of your lifetime. Investing in improvements with the guidance of Dave and Marcie Rappa is a trusted way to make decisions if you're thinking of Selling in the next 3-5 years. There are ways to increase your home’s value for resale that range from the very expensive to free.
Did you know that we're happy to act as your Consultant in the years leading up to you selling?
Before you begin any of these projects, it is important that you do them with the following in mind: you do not want to raise the value of your property too far above others in the neighborhood. A good rule of thumb: keep the value of your property within 15 to 25 percent of your neighbors’.
The following is a highly recommended list of improvements that we can strongly say will give you better than a 90% return and you'll sell faster. We however, have advised many clients who have had a better return on investment in recent years!
Project::
Refinish Hardwood Floors or add hardwood flooring.
Add a Mudroom (Better than 100%)
Replace aging front door and storm door.
Replace aging sliding glass doors.
Curb appeal,
Mailbox, paint or replace if needed,
Replace overgrown shrubs, add fresh mulch,
Power washing exterior of property where needed.
Minor kitchen remodel - Refresh cabinets, deep clean and repair.
Replace Counter tops, new hardware and faucets.
Bathroom remodel (Better than 100% return)
Major kitchen remodel (Depending on budget, most cases, better than 100% return)
Deck replacement or update (100% or better)
Siding painted and repaired (100% or better)
Gutters (smart investment)
Window replacement (Highly recommend a few each year until all after 30 years)
Roof ( Highly recommend if more than 25 years)
Driveway (Highly recommend improving before selling)
Lighting, will help your property sell faster.
Remember that it’s a tricky business, trying to add value to your home. What seems to be value to you may not appear that way to any given prospective buyer.
Some tips when attempting value-increasing remodeling:
l Remodel with mass appeal in mind. Potential buyers are usually attracted more to neutral, mainstream design.
l Don’t go cheap when it comes to construction. Use durable, quality materials. If you’re a do-it-yourselfer, honestly evaluate your ability to do it right.
l Don’t remodel in a different style from the rest of the house, may detract from a home’s appeal.
Qualifying improvements are those that increase your home's value or prolong your home's life, including: a fence, driveway, garage, porch or deck, built-in appliances, insulation, new heating/cooling systems, a new roof, landscaping, etc.
If you don’t have the kind of money it takes for even minor remodeling, there are low-cost ways to increase your home’s value. At the very least, the following things will make your home more attractive and inviting to prospective buyers.
Make sure the inside and outside of your home is spic-and-span. Declutter inside your home. Basements, closets, surfaces, all storage areas. DeClutter outside your home. Clean out the gutters. Wash the windows and remove cobwebs and bugs. Trim the hedges, cut and edge the lawn, sweep the sidewalks and driveway. Plant some colorful flowers out front. The reason for these small things is simple: If two similar homes in the same are area are both for sale, the one with the cleanest and most appealing front yard will sell first.
You may want to add to or improve your landscaping while you’re at it. Landscaping may be the best investment to improve a home's value. The study found that well-planned, attractive landscaping was estimated to have an actual recovery rate 100 to 200 percent higher than a kitchen or bathroom renovation.
Our experience is proven to help people list their home for sale with professional photography. Our listing sell faster and for more money with the best qualified buyers.
Discover The Difference, call us today!