Increasing Your Home's Value
Like most Americans, your home is probably your single largest investment. While the value of your home is largely determined by such things as location, size, condition and amenities, there are still steps you can take to maximize its worth.
First, you need to evaluate your plans carefully if you're improving your home to put it on the market. Cutting corners could hurt rather than help your prospects, but you don't want to go overboard either. Your home's value should be no more than 20% above the average. That means a $10,000 kitchen improvement project might be a better idea than a $10,000 hot tub, especially if no other homes in your area have hot tubs.
In other words, it's best to keep changes simple.
Remember, when it comes to your home, it's important to keep pace with your neighbors. Don't let your home become the most expensive on the block - but don't fall behind either. This is a case where it's best to be right in the middle!
Things That Even You Can Do!
Outside:
- Sweep all walkways and sidewalks.
- Remove newspapers, bikes and toys.
- Park extra cars away from the property.
- Trim back the shrubs.
- Clean windows and window coverings.
- Keep pet areas clean.
- Make sure roof and gutters are in good condition.
- Mow the lawn more frequently and plant flowers.
Inside:
- Kitchen and bathroom should shine.
- Put dishes away.
- Clean and/or vacuum carpets and rugs.
- Place fresh flowers in the main rooms.
- Make beds and put all clothes away.
- Open drapes and turn on lights for a brighter feel.
- Straighten closets.
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