Is it worth investing in features that could land your home a ‘Sold’ sign?
Homeowners are sometimes hesitant to upgrade when it’s time to sell. It’s understandable, since they don’t intend to live there much longer, and the home remodeling efforts only increase home values by 64 percent of the average project’s costs. But it’s time for sellers to think again. The cost of a few simple upgrades isn’t necessarily wasted money.
To make the most of your remodeling budget, focus on features that more buyers really want to see and may even pay more for.
Illuminating a well-manicured lawn with warm exterior lighting can help to grab potential buyers’ attention before they even set foot in the front door. What’s more, exterior lighting also serves as an added safety feature for your home, especially if lights above entryways are motion-sensor lights.
These days, everyone is eco-conscious, and many are looking for ‘green’ homes that have energy efficient appliances and windows. Buyers are most impressed with Energy-Star qualified choices that in no way limit their comfort. Energy-Star qualified windows have unique properties that reduce undesirable heat gain and loss in the home.
Few things are as vile as an old carpet that is worn, has strong odors, and is peeling away from the floorboards. In a busy home, it doesn’t take long for a new carpet to look shabby. While more and more buyers prefer wood floors throughout, carpeting in the bedroom is great as long as it is in good condition. If not, it’s a deal breaker.
An eat-in kitchen is a must-have for many buyers, especially families with children. It’s a space that’s ideal for families rushed in the morning and relaxed in the evening. To create this, you may need to remove a wall for a small table, but this can be relatively inexpensive.
While open floor plans are getting more popular, the amount of storage needed becomes ever more important. It’s critical to have the right amount of out-of-sight storage for kitchen items, along with flexible spaces that homeowners can adapt to their needs, such as wine storage or a workstation.
When you need help obtaining a smart mortgage, contact Dean Rathbun. We can help you determine the right plan of action for your real estate needs.