Adding Home Value To Real Estate Appraisals
Not every home improvement adds value to real estate appraisals
. A few improvements can actually detract from the value in certain markets. If you are planning on selling your house, or just want an appraisal for insurance purposes, there are a few key changes that can really make a difference in the selling price of your home, putting more money in your pocket.
Kitchens
Kitchen upgrades make the first big change in the value of your home. These are major selling points and most homeowners can learn how to make major changes themselves. Buyers are looking for a few key elements. First, they want upgraded counters and flooring. Hardwood flooring and granite countertops are a major selling point for homes. Adding new appliances, opening space and having windows also adds value to the kitchen.
Bathrooms
Buyers like spacious, open bathrooms. Although some homes have antique fixtures and looks, people today are more interested in modern ones. If theres a master bathroom with modern fixtures, then the home wont sit on the market for long. When it comes to tubs, find yourself a whirlpool or spa tub. Buyers are also looking for separate showers and toilet areas, along with double sinks. The bigger the bathroom, the better.
Avoiding Artificiality
When buyers look at the many features of your home, they are looking for natural materials rather than artificial ones. That means granite countertops, ceramic flooring and hardwood floors. Get rid of those vinyl or linoleum features in the home, since these wear and tear faster than natural alternatives and do not look as stylish. They cost more money initially, but the look and value will save you money in the long run.
Landscaping
Although many people do not believe good landscaping can make a difference in the selling of a home, it certainly does. No matter how beautiful a home, when it is surrounded by naked lawn, it looks uninviting and unfriendly. Simply surrounding it with some flowered tiers or decorations can add a lot of appeal and increase the value of real estate appraisals.
Saving Money with Upgrades
Many homeowners are not willing to do the labor required to complete home improvements, but by doing them yourself and shopping smartly, you can spend a couple thousand dollars while adding ten thousand dollars to your home. You couldnt make a smarter investment. There are plenty of do-it-yourself guides online and in book stores that will teach you home to perform basic upgrades.
by: Leon Belenky
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