How to Increase Your Home's Value

Home Improvement

Think about what attracted you to purchase your present home. You can apply the same logic to your current home to try to appeal to prospective buyers.

You don't want to go over the top but you want to differentiate your home over those  on the market against you!

A home improvement project could tip the scale to help you sell your home -at a better price.

Here is a list of projects you might consider and how much of the average price you might expect to recoup:

 

 How to Increase Your Home's Value

(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%) - Note:In Florida, modern energy efficient double pane windows attract buyers

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. (Don't forget if you already own an in-ground pool...it's condition and appearance could make or break a sale!...This includes the Lanai too!)

l Remodel with mass appeal in mind.

l Use durable, quality materials.

l Keep the value of your property within 15 to 20 percent of your neighbors’.