Fix-ups That Add the Most Value to Your Home |
Paint
Fresh paint is one of the most
profitable improvements that can be made to a house, especially if you can
do the painting yourself. Use neutral colors. Paint the interior and exterior.
New Carpets
Install the best padding available
since the cost is minimal, but the added market value is maximized by the
comfort. Install a light beige carpet to appeal to virtually every potential
buyer.
Update the Kitchen
Kitchen updates can add thousands
of dollars to the homes market value, but no need to get carried away. Often
what is needed is are new cabinet facings and appliances. A new floor, stove,
built-in microwave and dishwasher may be all that is needed. New lighting
can usually be added inexpensively.
Update the Bathrooms; Add
a Bathroom if the Home Only Has One
The second most important room,
next to the kitchen is the bathroom. If the house has only one bathroom,
figure out an inexpensive way to add a second, which is considered essential
today. Adding a second bathroom may add twice its cost to the home's market
value. In addition, fresh paint, wallpaper, lighting, vanities, faucets
and other cosmetic improvements often add more value than their costs.
Add New Lighting Fixtures
One of the least expensive and
most profitable home improvements is is adding new lighting fixtures inside
and outside of the home. Kitchens and bathrooms are the most important areas.
Add Fresh Landscaping
Fresh landscaping can add market
value, giving the home an improved curb appeal. Underground sprinkler systems
are also a good investment.
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