Business & Finance Renting & Real Estate

Ways to Increase the Resale Value of Your Home

    Paint

    • A fresh coat of paint on the exterior of your home does not cost a fortune, but it can add considerable resale value to your home. Consider doing this job yourself or hire a contractor to perform this task. Wash the outside of the home before painting for best results with the new paint job.

      Painting the interior of the home is another way to add resale value to your home without a large investment on your part. Clean the interior walls that you will paint before painting them. You can undertake this job by yourself or make it a family project. Of course, you can have a contractor do this job, but you will have to pay more for the service, which will decrease your net profit.

    Bathrooms and Kitchen

    • Adding a full bathroom to your home, if it needs one, can improve the resale cost sharply. Consider hiring a plumber to do this job unless you are adept at plumbing. Remodeling an existing bathroom, such as updating fixtures, may add some resale value to your home also.

      Look over the kitchen appliances. If they are old or worn, consider updating them. Buy sturdy, durable appliances, but do not go for the expensive, fancy models because you will not recoup your investment on them.

    Garages

    • If your home does not have a garage, consider adding one to improve the resale value. If you do have a garage, make sure you clean it out before potential buyers come to look at your home. Remove all the junk and clean up oil stains for the best chance of getting the money you are asking for on your home.

    Cosmetic Changes

    • If you want to freshen up your home with minor changes, such as new door handles or improved windowsills (e.g. adding a window seat), determine the cost first. Minor changes may increase the resale value slightly, but you may not recoup all of the money you put into the additions. Instead, do a complete cleaning of your home, including cleaning the existing door handles, windowsills, tops of doors and other areas that routine cleaning misses sometimes.

Related posts "Business & Finance : Renting & Real Estate"

Garden City SCO Fully Green and Luxury Project at Raebareli Road, Lucknow

Renting & Real Estate

How to Find the Best Homeowner Loans

Renting & Real Estate

When Facing Foreclosure It Is Important That You Prioritize Your Current Debts

Renting & Real Estate

Answers to Home Loan Questions of Non-Residents and Temporary Residents Living in Australia

Renting & Real Estate

How Much Interest Do I Pay on a Home Loan?

Renting & Real Estate

Qualities That a Home Builder Should Possess

Renting & Real Estate

How to Start Investing in Real Estate - Are You a New Investor?

Renting & Real Estate

Captivating Nature With Appealing Manifestation Of Abodes by Amrapali O2 Valley

Renting & Real Estate

Landlords Are Cashing in on REO Properties

Renting & Real Estate

Leave a Comment