If you're going to be moving, it may also mean that you're going to be selling the home that you currently own. Over the next few days we will talk about the best way of fixing up and renovating your home so that you receive the maximum possible amount for your home before you move. During the entire renovation process, you should always be asking these three questions:
1. Will the renovation be a renovation that people care about?
Putting in a swimming pool will add surprisingly little to the sale value of your home, since many North Americans view pools as more of a nuisance than a convenience. The same goes for home offices. Despite North America's changing work styles, there are still relatively few people who work from home, so few home buyers want a portion of their home dedicated to an office.
2. Will it add to the value of the property?
According to realtors, the majority of people buy a home based on the appearance of its bathrooms and kitchen. While these tend to be relatively expensive rooms to renovate, your money would be well spent in this area.
3. What will be the renovation's return on investment?
Intimately connected with the question above, the percentage of a renovation's return on investment is also very important. While a total renovation of your kitchen may earn you a 50% return on investment, a much simpler or facelift renovation, such as replacing the major appliances, repainting, and resurfacing the cabinets may earn you a 200% return on investment.
Tags: moving, renovating your home , renovating return on investment
posted by Anonymous @ 4:17 PM
0 Comments:
Post a Comment
<< Movers North America