Improve wisely to get the best out of renovations

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Real Estate

Maintenance Tip!

Improve wisely to get the best out of your renovations with these tips:

1. Make improvements that appeal to the largest number of buyers.
2. Apply improvements you find in homes of similar value. Home sale prices in your neighborhood influence the value of your home, making some pricey improvements unlikely to pay off.
3. Don’t subtract value with add-ons. Expanding your home beyond the original floor plan is costly and may push buyers towards similar, unaltered properties nearby.
4.  Pick projects that offer an 85% return or better, like upgrading the garage door, replacing the entry door or converting the attic into a bedroom.
5. Choose projects that improve the home’s basic function over aesthetics and expansion.
6. The exterior of your home makes the first impression. Apply a fresh coat of paint, clean oil stains from the driveway, remove weeds from the lawn and repair walkways.