If you are a homeowner who is thinking about selling your home within the next year, you are probably wondering whether there are any remodeling projects that will provide a good return on your investment.
Optimizing the use of space in a home will not only attract
more buyers but also give sellers a good return on their investment.
You must first decide on the size of the project you are
willing to tackle. Creating a memorable first impression often can be
accomplished through small-scale projects. For example, a nice entry door
replacement or a garage door replacement will bring a good return on your
investment.
Adding a master suite or a room in the attic is a more
extensive project that also offers a good return. Be sure to hire a good architect
to help you come up with a functional floor plan.
Having a family room that opens to a kitchen is highly
favored by most buyers. A remodel that
opens the kitchen to the family room or even to the formal existing living room
is another project with a good return on investment. Formal living rooms, as well as formal offices
with wood cabinets, are not in high demand in today’s market.
Upgrading kitchens and baths is still a smart bet. However,
home owners usually will benefit more by foregoing super deluxe projects in
favor of mid-range kitchen and bath remodels.
Judicious home remodeling is still worth the investment. Discuss
your future remodeling plan with your agent before you start the remodeling project. Your agent can help you plan a remodel that
will bring buyers to your home and increase the return on your investment.
No comments:
Post a Comment