How to Increase Your Home's Value

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Home Improvement

How to Increase Your Home's Value

Most important is simply maintaining it!  I see homes weekly that have just fallen into such disrepair.  I realize money can be tight, but most things just add up due to choice.  There are people that make their bed daily and others who don't, same seems to go for maintaining their home!  So think of it as a way to "add" money to your bank account.  It matters!  Your home has the chance to grow in value if you work it!  Somethings you can do are minor and I will share some ideas on those things in another post...but here is a nice report from Realtor Magazine that shares the average cost recouped nationally in an upgrade you might choose to complete! The article also offers some other helpful suggestions!  So put on your work gloves and grow some money in your home!  

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%)

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.

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’.

When it's time to know who to call!!!