As a homeowner looking to sell your home, you have numerous opportunities to get more value out of its sale. Even if you want to sell your house fast, you definitely want to find out how you can get more money from your home, right? There are so many things you can do to achieve this before you sell it. Some may be simple, others can be elaborate, and you are free to choose whichever you want.
Perhaps an overview of the different home improvement projects you could undertake and the potential returns you can reap will help you make an informed decision. Nick Caruso gives a comprehensive analysis of different home improvement projects:
Cost vs. Value: Which Home Improvements Offer the Highest ROI in 2017?
With the many different projects reported annually in Remodeling Magazine’s Cost vs. Value Report, not much has changed from last year…and that’s not a bad thing. The 29 projects found on this year’s report paid back an average of 64.3 cents on the dollar in resale value. Looking at the 24 most tracked projects (projects consistently tracked for the last six years), their payback for 2017 was also 64.3 cents—only three-quarters of a penny higher than 2016 projections.
Why the little change? Simply put: the differences in underlying numbers was minimal year-to-year. The average cost for those 24 projects rose a meager 3 percent, while the value that real estate professionals put on said projects only rose 4.2 percent. Minor gains, yes, but we’ll take what we can get. Read more at RIS Media’s Housecall…
Surprisingly, the remodeling projects that many assume are the most valuable actually aren’t. A good example is bathroom remodels; so research widely and choose wisely.
In a situation in which you really want to carry out a project but you have a tight budget to work with, consider the following propositions from Robyn Woodman:
8 Ways To Increase Your Home’s Value On A Budget
A few strategic, affordable upgrades can add big value to your home.
Increasing the value of your home when selling can be a difficult task, but a few home improvement ideas can help you stage for success while keeping within your budget.
8 Home Improvement Ideas Under $1K
- Install a programmable thermostat.
Heating your home accounts for more than 40% of its total energy usage, according to the U.S. Department of Energy. Programmable thermostats allow you to customize a temperature profile throughout the day. Reducing the temperature inside your home by a degree or two while you sleep can lead to huge savings on a monthly basis. And with energy costs on the rise, many buyers will appreciate your forward thinking in assisting them with long-term savings. Read more at Trulia…
Home improvement doesn’t have to cost a fortune. You can work with whatever cash you have and still enjoy high returns.
Another way you can make your home marketable and of higher value is by installing some technological devices. They also don’t have to be expensive. Avi Savar explains some ideas you could consider:
5 Ways Technology Can Improve Your Home, and its Value
Upping your tech game at home can be fun – before you know it, you’ll feel like you’re living in “The Jetsons.” But creating a smart house is about more than your own entertainment; it’s also about saving cash and time. Many tech products are easy to install on your own, while others require a professional. Either way, technology can change your home for the better. Here are five ways it can improve your life:
You’ll Never Leave the Lights on Again
Leaving a light on overnight doesn’t seem like a big deal, but if you do it often enough, you’re bound to burn through bulbs and notice a difference in your electric bill. With smart lighting, you can dim your lights using an app on your smartphone from another room or even another city. Read more at Inc…
Having a smart home will not only make your home easier to use, and more convenient, it will also increase your home value for a better price when you need to sell your home.
If you are in Cutler Bay, FL and you need to sell your house fast, then we at Sell Fast Fair Offer will listen to you and give you an offer that is worth your home within 24 hours. If you have done some home improvements, you can be sure to get a good return for your investment when you work with us.
You do not need to pay any commissions or wait for an agent to finalize the process for you. Neither do you need to pay any seller’s fees because we will cover them for you. Call us on (305) 590-8500 for a stress-free home selling process or visit our website for more information about us.