As a real estate agent I’m always on the lookout of great articles to share on my blog with recent industry news, valuable information, Tips, Do’s and Don’t and How To’s that will help you the home owner make better choices and get more of what you want. Today I’d like to share this article from Allstate on how to increase the value of your home and stay within a budget!
How to Remodel for $5,000 or Less
Want to increase the value of your home, but don’t have the money for a major investment? Make a few smart purchases, add elbow grease, and…presto! Your home has a bright new look and a higher price tag, whether you plan to sell or enjoy it for years to come. Here are some within-reach improvements, and what they might cost.
$2,500: Update Kitchen Appliances Home buyers gravitate to the kitchen first, and even minor redos can return more than 100% of your investment when it comes time to sell. In the meantime, save a bundle by buying energy-saving models when they’re on sale.
$1,300: Re-floor a Main Room Toss that stained carpeting. A lush-looking floor can make a huge difference. Laminate flooring won’t stain or absorb dust or dander like carpeting, and you can get hickory, chestnut, walnut and teak look-alikes for around $1.99 per square foot.
$550: Garage Storage Most buyers will pay more for extra breathing room. You don’t need to add square footage, however, if you’re making the most of what you’ve got. Use a storage shelving system to hold gear, tools and gardening equipment.
$200: Refresh Kitchen Cabinets Top off your kitchen update with a new coat of paint. You can also add new knobs and pulls for a crowning touch.
$200: Make Your Closet a Home Office Skip a pricey addition with a cute, multipurpose space. Remove the closet door and clothes rod. Install one deep shelf to serve as a desktop and one or two shallow ones for files and supplies.
$50: Clean Bathroom Grout Grout and caulk not only look ugly as they crack and stain; they also fail at locking tiles in place and preventing water seepage. Cleaning and regrouting are both easy DIY projects.
Did You Know?
54%of homeowners surveyed say that they’re renovating or decorating to increase their home’s value.
70%of kitchen designers requested energy-efficient LED lighting for new projects.
A garage door replacement can be a good investment. It recoups an impressive 76% of the cost in resale value, on average.
Click here for original Allstate article.
As a Southwest Florida Real Estate Agent it’s my job to educate my clients and help them get exactly what they want and make sure their best interest are being considered in every detail of the purchase. This blog is all about educating you and empowering you with all the industry news, information, tips and things to consider before buying or selling your home. If you found this article interesting and know someone else that might benefit from it please feel free to share!
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