How to Increase Your Home's Value

Real Estate

 Homeowners are wanting to get the most out of their home when it comes to selling; getting a return on their investment. Spring is around the corner and buyer will  be in full force. I wanted to share the statistics with you if you are thinking or any projects to increase value. I would love to run an analysis on your current home keeping completed/upcoming  projects in mind.

Project (average cost recouped, national) according to Realtor Magazine:

Minor kitchen remodel (88%)

Bathroom remodel (85%)

Major kitchen remodel (81%)

Family room addition (80%)

Deck addition (77%)

Master suite (75%)

Attic bedroom (74%)

Siding replacement (73%)

Window replacement (69%)

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.

l Remodel with mass appeal in mind. l Use durable, quality materials and l Keep the value of your property within 15 to 20 percent of the neighbors’. Curb appeal is always a must, hardscape and manicured is  always a plus to a buyer.

Feel free to reach out for any real estate needs

 

~Mary

Realtor

208-949-4543