A good rule of thumb is: keep the value of your property with 15 to 20% of your neighbors.Before you begin any value-increasing projects, remember not to raise the value of your property too far above others in the neighborhood.
| You could make improvements which are low cost like painting, refinishing floors, decluttering, redecorating. They will have a high impact on the buyer's perception.
l If your going to remodel do it with a neutral palate. Potential buyers are usually attracted more to neutral, mainstream design.
l Don’t go cheap when it comes to construction. Use durable, quality materials. If you’re a do-it-yourselfer, honestly evaluate your ability to do it right.
l Don’t remodel in a different style from the rest of the house. Additions and improvements that look “tacked on” may detract from a home’s appeal.
Investing money in updating a bathroom or kitchen can be expensive and you don't know if the buyer is going to like the updates.
In most scenarios updating your home will not get you a higher money return it will sell your home faster.
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