Whether you plan to sell your home now or plan to stay there for long term, it is always wise to invest in your home to capitalize on its value. Real estate professionals share advice for how to not spend tons of cash and yet focus on projects that pay off whether you are selling now or in the future.
• Create Open Floor Plan
Buyers want a wide open floor plan like the living room right off the kitchen. They are into big spaces and it may pay to remove a non-structural wall for an open space feeling.
• Pay Attention to Landscape
Overgrown and unkept landscaping can be a problem for any price point home. It can give obscure views, create mold and darken interiors. Landscaping is one of the top three investments that bring the biggest return.
• Enhance Lighting
Natural light from windows, lights with motion detectors and sun tubes (light pipes) are very inexpensive ways to increase light in a home and set the mood.
• Maintenance Before Upgrade
The basic care and maintenance of a home that is kept up to date will always pay off. Insulate the attic, repair plumbing leaks, replace rusty rain gutters, inspect the furnace and the septic system, replace or repair leaky windows, install storm doors and weed the flower beds.
• Go Green
Updating heating and air conditioning systems can save you in efficiency and utility bills. Energy savers are always more desirable.
• Flooring
Most real estate pros recommend spending some money on floors. Repairing broken tile, patching damaged floor boards, updating wall-to-wall carpeting, re-finishing wood floors or replacing carpet with laminate flooring.
• Updated Bathrooms
Replace frosted glass for clear glass, clean the grout, remove rust stains, apply fresh caulk, update doorknobs and cabinet pulls, replace faucets and install a low-flush toilet.
• Paint Neutral
Buyers want to be able to project their own ideas onto a space and a toned-down wall color allows for most decorating tastes and keeps the home looking current.
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