Painting, cleaning are cost-effective seller’s upgrades
Q: What home upgrades provide the best return value?
A: The most common questions asked are whether to add a bathroom or renovate the kitchen. While these tasteful additions add to the appeal of your home, consider whether the money and time expended are worth the added value.
Though renovations result in a higher purchase price, a home seller may only recoup 80 to 90 percent of the money spent. Although you may not recoup the entire cost, if your family will enjoy the improvements, don’t let me discourage you.
Alternatively, consider increasing the value of your home with simple improvements.
In almost all cases, you will want to repaint the home’s interior and exterior. Worn floors should be refinished, and curtains and carpets should be cleaned. Stagers can help design a layout that speaks to the widest range of potential buyers.
These simple improvements provide the best value when selling your home. Although major renovations for the sole purpose of getting the best price are often illadvised, there are a few occasions where such projects may be appropriate.
If you’re considering an addition and are concerned about the impact on the value of your home, call your agent. They will be happy to provide an evaluation to assist in your decision.