Avoid Reducing Your Home Value

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Making repairs on your home before you sell can increase your home’s value, but only if you go about making the right repairs in the right area. Often times, people choose to undergo grand remodeling projects in the kitchen or bathrooms, which can lead to over-improving, which can negatively affect your home’s value. Today we are going to talk about where you should be spending your money to get the best possible return on your home sale, and how to avoid over-improving your home.

The easiest way to avoid over-improving is to talk with a licensed home appraiser before making any improvements. They will be able to tell you what your home is worth now, what it will be worth after the upgrade, and if undertaking the project makes financial sense.

If you have a certain amount of money you want to invest back into your home, don’t just do it in one place. Put some money into the kitchen, some into the bathrooms, and some into flooring or new paint. This way your whole house can get a face lift, not just one area.

One easy fix that can really pay dividends when it comes time to sell is dealing with messy or overgrown landscaping. If you determine anything to be an eyesore, remove it.

Taking on big projects on your own has become pretty common these days, probably from all of those DIY TV shows. In the end, if you’re undertaking a big project, you want to hire or at least consult with a professional. It will save you time and money in the long run.

Overstuffing the remodel is also a common mistake. To avoid this, don’t get bigger pieces of decor or furniture, get smaller ones. Also, use lighter colored paint and higher wattage light bulbs to add a bright, roomy feel to rooms that feel a little smaller.

If you have any questions for us, feel free to give us a call or send us an email. We look forward to hearing from you!