HOUSE IT GOING…
Spring is the time of year when people turn their thoughts to new beginnings – and often times a new beginning might include their home. Just because you may have decided that a move is in your future, it doesn’t mean your home is ready!
I am often asked to look at homes and offer up suggestions of what a homeowner can do to improve the value of their home, or at the very least, get a better market value on the sale of their home. There are lots of sources to get this information from including Homes and Garden Television (HGTV), the National Association of Realtors (NAR), and, of course, from your favourite Realtor!
Renovations can be expensive and it’s important to spend your money where you will see the best return on your home. Consumers often get confused about all the advice available, and it makes me sad to see a client who has installed granite countertop in their row-house, for instance. Granite countertop will not be appreciated in an entry- level, starter home. Well, it may be appreciated, but the Buyer will not be willing to pay $5,000 more for this feature.
According to NAR these are the top home improvements that help you realize the most on your renovation dollars.
Please remember that these are a National Average and I would highly recommend that you consult with an expert in YOUR area before you undertake any of these renovations. Oftentimes you can get the best return on your investment with lower cost projects! It’s also important to remember that curb appeal speaks volumes. You only get 1 chance to make a first impression – and if you can’t get anyone in your door to see the work you have done, your renovations and improvements won’t be worth anything!
Please don’t hesitate to call me for a free consultation. I would be happy to walk through your home and offer my experience on how you can get more value for your home.