As many homeowners prepare to put their homes on the market, they often realize to get more "bang for their buck" they may need to do some remodeling. Especially in a market like we have today were buyers are wanting more for their money!
According to Realtor magazine, the average cost of a kitchen remodel is $52,000 and the average cost of a bathroom remodel is $13,000. Although these projects will likely increase your resale value, they are pricey.
On the other end of the spectrum, there is plenty one can do to increase curb appeal without breaking the bank! Apply a fresh coat of paint inside and out. I would even go as far as hiring a color consultant for a couple of hundred bucks to make sure you get the best colors for your home. I have seen to many times were people "think" they know color and in fact, they don't. It's not worth it. Just hire a professional.
Over time, exterior trim around your windows, doors and along the roof line may have become warped. Get that replaced. And while you are at, get a termite report and prepare to do the work it takes to get it cleared. Buyers love buying a place that has a cleared pest report. And you as the Seller can typically get the work completed by a contractor for 1/2 the price that is stated on the pest report.
You can also do some energy efficient work like change out the light bulbs, replace the water heater and seal around the windows. All of these minor changes will allow you to increase the value of your home and make it more appealing to buyers.
No comments:
Post a Comment