ERA Justin Realty Report: More Bang for your Home Improvement Bucks

According to Fara, “The fact is the average American family stays in a home for  approximately seven years. Considering that your home is probably your most expensive asset, it makes sense to consult an ERA Justin Realtor to help identify those improvements that will appeal to more buyers and help it sell faster. Before taking on major home improvements, it is best to first take care of minor maintenance needs, such as fixing leaky faucets, grouting around tubs, cleaning gutters and so on. Buyers are more comfortable purchasing a well cared for home because if what they can see is maintained, it is more likely that what they cannot see has also probably been maintained.”

Fara continued, “Once basic maintenance needs are cared for, your real estate professional can be helpful in recommending home improvements that will increase the value of your home. For example, if you have extra funds to spend on one project in your home, and you are choosing between renovating your kitchen or adding a new in-ground pool, which do you think would increase the value of your home more?  Installing a new kitchen will generate a greater return when selling than a pool. Not all buyers want a pool, however, they all want an updated kitchen. 

Of all the rooms inside your home, pay special attention to the kitchen and bathrooms. They should look modern, bright and as fresh as possible. According to a national survey of real estate professionals, 80 percent recommend kitchen and bath upgrades to bring a greater return.

Minor upgrades can also enhance the value of your property, according to the survey. Cleaning and de-cluttering go a long way to improving the sale of your home, and are recommended by more than 90 percent of surveyed agents. Agents also recommend adding light and brightness to a home with new lighting fixtures. Landscape improvements, fresh interior paint in a neutral color and removing old carpeting (to expose wood floors or to replace with new carpet) are also highly recommended.  Other home improvements that will attract buyers include an additional bathroom or a finished basement, if your budget permits.”