Renovation's & Improvemants
This time of year many sellers are considering making improvements or renovations to their home that can help influence their homes market value when it comes time to sell. The following list is a guide for sellers to help them get the most value out of every renovating dollar spent.
Landscaping: First impressions start at the curb so make it inviting for that prospective buyer. Simple floral containers, manicured lawns, shrubs and even a new coat of tar on your paved driveway can give you a 7% better return on your renovating dollar.
Kitchens: The kitchen is were we all gather for dinner, refreshments and conversation. Upgrades that include cabinets made from maple, stained or natural over the traditional oak are becoming popular in todays kitchen appearance. Laminates and marble are great choices for counter tops, but granite continues to be the most popular surface of all. New sinks, taps and knobs in brushed nickel add richness to the finished look. Kitchen upgrades can add 44% higher return on investment over the average return on other renovations you may be considering.
Paint:A fresh coat of paint is one of the cheapest improvements done in your home and can give you a 29% return on investment. Neutral tones of bisque, fawn and gray with accent colours of orange, aqua, sage and blue are popular trends.
Bathrooms: By creating a spa like environment, with a soaker tub or new steam shower stall and new cabinets, sink and taps, can generate a 56% better return on investment.
Buyers are favoring hardwood, laminate and ceramic in floor finishes. They are easier to clean, eliminate odors and give your home a "richer" feeling.
Gone are the days of wall to wall carpeting. Out dated carpeting should be ripped out and replaced. Use area rugs instead to accent your floors.
This type of upgrade can generate a 22% better return on average.
Before you do any type of renovation, have me come over and take a look at where you can best spend your hard earned money. Not always does a home owner have to to it all nor can they afford it all. Now is the time to start evaluating what should be done and what NEEDS to be done.