I just read an article sent to my by my friend who is a real estate worker in Maine about the 4 quickest and cheapest ways to increase the value of your home. The article can be found at HGTV's Frontdoor.com but you can read the summary right here!
The best way to successfully pre-sell your home is to keep up with the neighbors but never surpass them. If you are trying to get the highest ROI on home remodeling projects keep in mind what is standard in the area.
If everyone has laminate floors and you splurge on hardwood, you will be the envy of your neighbors but you won't get the money back at the resale. If you are in a higher end location and down grade your countertops to laminate you will sell for less or may even sit on the market indefinitely.
You never want to be the last person in the neighborhood to remodel, homebuyers will pass on your home for the one down the road where everything is already updated.
If you are tight on cash here are some quick fixes to add the most value to your home for the least amount of money:
The best way to successfully pre-sell your home is to keep up with the neighbors but never surpass them. If you are trying to get the highest ROI on home remodeling projects keep in mind what is standard in the area.
If everyone has laminate floors and you splurge on hardwood, you will be the envy of your neighbors but you won't get the money back at the resale. If you are in a higher end location and down grade your countertops to laminate you will sell for less or may even sit on the market indefinitely.
You never want to be the last person in the neighborhood to remodel, homebuyers will pass on your home for the one down the road where everything is already updated.
If you are tight on cash here are some quick fixes to add the most value to your home for the least amount of money:
- Interior Paint
- Flooring
- Front Appearance (paint and landscaping)
- Light Fixtures
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