Whether you are Selling your Home or Buying a Home, we hope our helpful hints below will guide you with the knowledge of knowing what adds value to a home.
How to Increase Your Home's Value
Project (average cost recouped, nationally) according to Realtor Magazine:
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%) - Covered Patio (may add value in warmer climates due to the need for shade)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)
Home office (55%)
Projects that may increase your home’s value include: Jacuzzi (4 jets or more); permanent hot tub; in-ground pool; security system; sprinkler system; substantial out buildings; and vaulted ceilings.
These may not add value to your house: above-ground pool; ceiling fans (depending on your area climate); garden pond; and light fixtures.
* Remodel with mass appeal in mind.
* Use durable, quality materials.
* Keep the value of your property within 15 to 20 percent of your neighbors’.
THE HOLLIDAY TEAM is here to help you with all your Real Estate needs. Please let us know how? We look forward to hearing from you soon....