
Home Improvements that Increase Resale Value
By: Monika
You’ve decided to sell your home and your first thoughts go to purging stuff you no longer need, which real estate agent to hire, setting an asking price, and the like.
Later comes an even more daunting thought: what improvement should you make to improve resale value without spending more than necessary. Ouch – where on earth to begin!
Well, try some of these ideas on for size.
Painting
Paint provides dramatic results with little investment. If you decide to hire a professional, then you’ll be out some cash, so be sure to get at least two bids if you don’t already have a favorite. Color wise, yellow homes tend to sell faster than other colors while upping the resale value.
Build a Deck
Buyers view decks as places of smooth transition from indoors to out. For the greatest ROI, opt for wood vs. concrete or composite.
Update the Kitchen
Provided you don’t go overboard, you can expect to recoup up to 83% of your investment in kitchen upgrades. Stick with high quality features like stainless steel appliances and granite (or quartz) countertops but keep laminate surfaces out of the mix.
Replace the Windows
If you’re experiencing cool and blustery weather indoors, it’s time to say out with the old and in with the new. Prospective buyers will appreciate your concern for energy efficiency and eliminating cold, blustery drafts.
Landscaping
The front of your house is the first thing people see, so any improvements to your house or property will make a difference for the better. Perennials add a nice and inexpensive touch. Even a new tree costs relatively little and help prevent erosion and carbon dioxide emissions.
Installing Central Air
Adding central air to an average 2,400-square-foot house could cost upward of $10,000 and boost your home’s value by 10 to 20 percent. Let’s do the math, assuming a $10,000 expense. Your house is priced to sell at $300,000 and, conservatively, a new AC system increases its resale value by 10%, or $30,000 – a very neat $20,000 profit.
For home upgrades inside and out, don’t be fooled by our name – PC Plumbing, Heating, AC & Remodeling. That’s because we offer a wealth of home remodeling and handyman services, too. Contact us today for fresh ideas on how to increase your home’s resale value along a free and no-obligation quote.