How to Increase Your Home's Value

Real Estate

How to Increase Your Home's Value

How to Increase Your Home's Value
Project (average cost recouped, national) according to Realtor Magazine:
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)


For example, if you spend $10,000 on a kitchen remodel you, you will be adding $8,800 to the value of your home.


Tip: Keep the value of your property within 15 to 20 percent of your neighbors’.  You do not want to be the most expensive home in the neighborhood because buyers tend to look in more expensive neighborhoods if they want a more expensive home.  All in all, it is the LITTLE things that make the big difference. 

 

Until next time,

 

Eli

#TipTuesday