|
|
 |
| |
How will home improvements affect the
value of your home?
When it comes time to sell your home, you’ll want your potential buyer to
love what you have done with your home. Even smaller remodeling projects can
make your home more attractive to potential buyers.
Here are some tips on how prepare your home to attract potential buyers and
get the most return for your investment:
Curbside Appeal:
Just like they say, you only have one shot at a first impression. The potential buyer’s first impression is often the most
important one; it determines whether they want to even view the property.
Painting your house or fence, refinishing the deck or hiring a professional
landscaper can really help with this "first impression".
Quick Remodel:
Plain and Simple - Bathrooms sell homes! To improve your
bathroom try Installing new bathroom floor covering, check and repair
damaged caulking in the tubs and showers. Remodeling Magazine states that a
bathroom remodel has an 89% return on investment. When it comes to kitchens,
try painting kitchen cupboards, updating wall colors, and replacing knobs on
kitchen cabinets. These are just a few simple cosmetic projects to prepare
your home for resale.
Energy Improvements:
Energy-saving projects, such as energy efficient
windows, insulation, up to date water heaters and heat pumps help you save
money now as well as and increase the appeal to a future potential buyer.
Below is a list of common home improvement
projects and the average cost recouped when selling your home.
|
Project |
Job Cost |
Resale Value |
Cost Recouped |
| Basement Refinishing
|
$41,753 |
$25,000 |
60% |
| Bathroom Addition
|
$15,743 |
$12,749 |
81% |
| Bathroom Remodel
|
$10,422 |
$9,300 |
89% |
| Deck Addition
|
$6,185 |
$4,000 |
65% |
| Exterior Paint
|
$8,768 |
$5,900 |
67% |
| Family Room Addition
|
$49,361 |
$37,857 |
77% |
| Home Office |
$11,258 |
$4,786 |
43% |
| Major Kitchen Remodel
|
$40,549 |
$34,000 |
84% |
| Minor Kitchen Remodel
|
$15,037 |
$14,429 |
96% |
| Re-roofing |
$12,015 |
$5,600 |
47% |
| Siding Replacement
|
$7,113 |
$3,917 |
55% |
| Window Replacement
|
$9,459 |
$3,917 |
41% |
Numbers shown are from Remodeling Magazine's
2001 Cost vs. Value report for the Portland, Oregon area.
|
|
|
|
|
|
Platinum Sponsor |
| |
|
|
Florian Properties
Looking
for office space? Look no further! Florian Properties
offers professional offices on manicured properties and centrally
located in CT! Visit their
website
today for more info! (860) 276-8208 |
|
|
 |
|
|
|
|
Featured Members |
| |
 |
90 Industrial Park Rd
Middletown, CT
(860) 632-0666 |
|
|
|
 |
Driveways, Roads, Parking
Lots, Curbing, Gravel Driveways
9 Millennium Drive
Cromwell, CT
Tel:
(860) 632-9062
Fax: (860) 632-5033 |
|
|
|
|
38 Gypsy Lane
Meriden, CT
(203) 235-4487
1290 Farmington Avenue
Berlin, CT
(860) 829-1842
504 West Main Street
Cheshire, CT
(203) 272-5351
731 Norwich Road
Plainfield, CT
(860) 230-0483 |
|
| |
|
|
|
|
