So just what is your home worth? An obviously essential question in the selling or buying of a home. Consider these vital facts of which improvements help the most when selling a home:
A kitchen update can reward a seller with a sizeable payback. Just remember, though: Splurging on fancy finishing materials or sophisticated equipment may cut into your profit. Keep it simple.
Up to 150% of your investment may be recouped at resale.
A flourishing lawn and modest but colorful flowerbed will entice potential buyers. The few hundred dollars invested may yield several thousand in profit.
Up to 100% of your investment may be recouped at resale.
Especially if it's energy efficient, such as a gas-powered model, a fireplace holds the promise of cozy family gatherings around the warmth of the hearth.
Up to 100% of your investment may be recouped at resale.
All it takes is a simple 5x9 foot second bath to make morning more civilized for most families. This is not an "extra" today, but a must-have for buyers.
Up to 90% of your investment may be recouped at resale.
For the most attractive return of your investment dollars later, the added room should be today's popular family room or a third bedroom.
Up to 80% of your investment may be recouped at resale.
A master bath is on many buyers' wish lists, so invest here. If you own only one bath, install two sinks or a double vanity to handle the morning crowd.
Up to 60-80% of your investment may be recouped at resale.
To keep costs down, try to find extra space to create this wish-list item by combining existing rooms and spaces. Heavy structural work entailed by adding square feet diminishes your return.
Up to 70% of your investment may be recouped at resale.
Outdoor living space is a desirable asset no matter where the locale. No-maintenance decking material leaves lots more leisure time, too.
Up to 70% of your investment may be recouped at resale.
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