Improving your home is the most logical first step toward maximizing the financial value of your home, since keeping things up-to-date is the only way that the home gains short-term value. The key is keeping the home in a position of maximum value to potential buyers, regardless of whether you are considering selling now or in the future. To optimize your investment, review these five home upgrades that can increase the value of your home.
Tag: home remodeling
You’ve remodeled your home and turned it into your castle, your refuge and your dream home. When you did the remodeling, you used reputable contractors, but because they were friends, family members or other people you knew, no one pulled permits for the work. Now, you’re trying to sell your home and you don’t know what to do.
The best option? Confess.
With the end of the recession nowhere in sight, you may have pushed those home improvements and renovations you’ve been wanting to make to the bottom of your priority list.However, now might actually be the best time to invest money in your home. Here are five reasons why you should start tackling your home improvements today, way before you even think about selling.
Your home is your castle, but during the long winter months, you may get tired of being inside so much, particularly if you still have home improvements you’re longing to get done. There are some projects that will simply have to wait until warmer weather, but there are also great home improvement projects you can tackle during the winter that will immediately give your home – and you – a lift.
If you think spending $30,000 on a home remodeling project will increase the value of your home by $30,000, stop now before you spend a dime. The money you spend on a remodel rarely increases the value of your home dollar for dollar. Before you start spending, find out what types of remodeling projects add value to your home, how much remodeling projects add to your home’s value and how to plan an efficient and cost effective remodeling project.
Many homeowners purchase a house with renovations in mind. You may need to put some work into your house before it lives up to its full potential. Before you start knocking down walls, make sure you are aware of the renovation’s return on investment. Here are seven renovations that may not pay you back when it’s time to sell.
Do you want to lower your energy bill each month? Or maybe you just want to find ways to save without doing any major home improvements like installing a solar panel on your roof. Good news! Being green doesn’t have to cost a lot of money, can make a huge difference in your energy usage and pay for itself many times over. Here are some simple changes to not only help the environment, but save you money.