HERE ARE VITAL TIPS AND STRATEGIES ON HOW TO MAKE THE MOST OF YOUR INVESTMENT WHEN YOU PREPARE TO SELL YOUR HOME. READ THIS REPORT AND MAXIMIZE YOUR RETURN ON INVESTMENT.
A Special Report Prepared By Erich Salas
How To Maximize Your Return When You Sell Your Home.
Now let’s take a closer look at improvements on a room-by-room basis, starting with your two most important rooms.
Kitchens and bathrooms have long been the top two remodeling projects, and you can expect them to remain so for years to come. They are the rooms that most consistently make or break a sale. A new or updated kitchen, a sparkling bathroom…these are features that help to sell a home.
The kitchen
If you can get away with a remodel rather than a new kitchen, do it. Because the kitchen is so important, sellers sometimes over-improve them to the point where there is no chance of recouping their investment when they move. Don’t fall into this trap.
Add a new coat of paint, refinish the cabinets and counters, change drawer pulls and handles, install new appliances, put down a new floor—but don’t gut and start over if it isn’t necessary. When adding new appliances, be aware that many buyers consider brand name to be an important factor.
If you don’t paint everything, at least repaint the ceiling bright white. You’d be surprised how much it can lighten up the room. Another great way to brighten a kitchen is to add a skylight.
If you do choose to put in a new kitchen, keep in mind what sells. Buyers are looking for lots of cabinets and counter space, new appliances, and an easy flow between the sink, food prep areas, stove and refrigerator. Think sunny, spacious and clean.
Because the kitchen is so important, sellers sometimes over-improve them to the point where there is no chance of recouping their investment when they move. Don’t fall into this trap.When you do make changes to your kitchen, think sunny, spacious and clean.
The bathroom
New fixtures, wall tile and flooring can make a big difference. If the bathtub is in poor shape, you can replace it, but a less expensive option may be to re-enamel it. If you keep the old tub, at least regrout and recaulk it. A good bathroom remodel or expansion can easily return more than 100 percent of its cost when you sell.
If you’re feeling ambitious, adding a half-bath or second bath to a one-bathroom house is another option to consider, space allowing. Whatever the family size, one bathroom never seems adequate to most people.
A good bathroom remodel or expansion can easily return more than 100 percent of its cost when you sell.
Bedrooms
For most people, the master bedroom is the third most important room in the house. If you have a large home with four or five small bedrooms and the floor plan allows for it, you might consider combining two rooms into a master bedroom. If you have a two- or three-bedroom home and a decent-sized lot, you might consider adding another bedroom.
Erich Salas
The CA Real Estate Doctor
