If you have driven down A1A you’ve clearly seen the trucks delivering cars, lining up and down the road. A sure sign that season has started!!
In most of my listing appointments, people want to know how to maximize the value of their home. It’s hard for most home owners to know which projects to do, and more importantly, which projects not to do.
The day may come when you want or need to sell. In preparation for that possibility, realize that not all home improvements are created equal. Some will increase the value of your home, and some will actually make selling more difficult.
Home Improvement Projects With the Highest Resale Value
Certain projects add more resale value than others. Here are some that generally have the best financial impact.
- Kitchens – People like to see modern conveniences and styles in the kitchen. Especially in older homes, kitchen improvements tend to add value. Read the real estate ads sometime – you’re sure to notice how many mention the updated kitchen features.
- Bathrooms – Second to kitchen remodels are bathroom remodels. Again, modernizing older styles or fixtures usually results in good return on investment.
- Outdoor Improvements – Your house makes a first impression quickly, so sprucing up its outdoor appearance is a smart investment. This includes siding and landscaping, particularly in the front yard. This is known as “curb appeal”
- Roofs and Windows – Roofs and windows are expensive to replace, and buyers expect these to be in good condition. Unfortunately, that means that while replacing them won’t dramatically increase resale value, not replacing them could significantly decrease it.
Bottom Line
If you are planning on listing your home for sale or would just like to know what your house is worth in today’s market, let’s get together to go over exactly what’s going on in your area and your price range.
Call Preferred Residential Properties to schedule a Jonathan’s Landing home valuation!
