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
Trends to watch
A more recent hot remodeling trend is the “great room”—combining the kitchen, dining and family room into one larger living area. While lagging behind kitchen and bath remodels, it is definitely a trend on the rise. Living rooms, family rooms and formal dining rooms, on the other hand, are diminishing in popularity.
Another relatively new wrinkle is the home office. With more home-based businesses and more companies allowing employees to telecommute, more people are looking for office-ready space in their homes. A recent survey conducted by Builder magazine found that nearly a third of buyers in their 20s, 30s and 40s plan to use a room as a home office. Other rooms that are showing up on more buyers’ wish lists are exercise and media rooms.
Questionable projects include fireplace additions and installation of elaborate security systems. You can find professionals who will argue for and against both of these projects. But with concerns about home safety on the rise, security systems appear to be moving into the “desirable” column.
Many of these projects are relatively inexpensive and will easily pay for themselves. With some projects, you may not recoup your investment, but you will have removed impediments to a sale. If you don’t take care of things like leaky plumbing, drafty windows or outdated light fixtures, you’re giving a buyer ammunition to use against you during negotiations.
Erich Salas
The Real Estate Doctor
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