Remodeling your home can make it more valuable. Some home improvements can yield a better return than others. It is good to know which projects will produce a greater return on your investment, all the while keeping in mind what buyers are looking for in a home.
Try to keep the value of your home consistent with other homes in your neighborhood. Buyers who can afford higher priced homes will buy in more expensive neighborhoods.
When planning your remodeling, think about using a neutral mainstream design. Choosing colors and materials that are neutral are what you want to achieve. No bold, wild, or out-of-date color schemes. Take down pictures and belongings so that buyers can imagine their belongings in your home. The more depersonalized the better. Additions and improvements need to blend well with the existing structure. Any additions that look “tacked on” can detract from a home’s appeal.
Renovating kitchens and baths generally offer the highest percentage of return on the initial investment. Some energy saving projects such as heating and insulation give smaller returns but require lower initial investment.
First impressions are lasting impressions. Your home’s exterior and landscaping is critical to marketing your property and attracting buyers. Many buyers will choose to “drive by” your home first before making an appointment. When the buyers are pleased with what they see on the outside there is a better chance they will want to see the inside.
A little paint goes a long way when beautifying the exterior of your home. Again, choose colors that are neutral and will fit your style of home. A quality paint job is a sure way to increase the value of your home. A well manicured lawn and attractive gardens will enhance your curb appeal. Simple planting projects and regular lawn maintenance are great ways to perk up your landscape.
If you don’t have the time or the money for large-scale improvements, general upkeep will maintain the beauty of your home.
For more information on enhancing your home or if you are ready to list your home for sale, CONTACT US today! Classic Homes Realty is dedicated to providing you with exceptional real estate services!