Home Improvements for Resale
Determining what impovements to make, if any, to make your home more salable can at times be difficult to determine. This can often times be a function of the current market. You will want ot make somesome improvements to modernize your home or make it more desirable to prospective buyers. It may be beneficial to put in features that are more in demand these days.
Home improvements can vary greatly in price and effort involved, from minor improvements to expensive additions or remodels. Any of the following can be included in improvements to be made in order to increase the value of your home:
Adding a deck
Replacing or refinishing doors
Improving lighting with fixtures and/or skylights
There are of course a lot more things that can be done but these are some common options. You can spend a little on some repairs or a lot more on others. You can do some or all the work on you own, or hire it out. A Comparative Market Analysis, or CMA, will help you determine which improvements, if any, should be done to help your home sell faster, or for a higher price, or both.
At times, spending $5000 on a kitchen will help you get a buyer sooner and double the amount you spent in the selling price. In general, buyers are more interested in a home that is move in ready and has the features they want rather than needing to start making improvements on the home as soon as they move in.