MORE BANG FOR YOUR BUCK
What can you do to improve the value of your home without costing you an arm and a leg (so to speak). What improvements return the best value?The best way to come to that conclusion would be to do a little research about the homes in your neighborhood. What is the average age of the homes? What is the new hot button in the neighborhood for home improvements? Is it new windows? Is it kitchen remodels? Is it bathroom remodels? Is it additions to the home, e.g. decks, 2nd story, family rooms? By knowing your neighborhood you can get a better sense of which projects will bring you the highest return for the dollar spent on any home improvements.
According to the Cost vs Value Report, replacing vinyl siding is the least expensive way to add value and increase the selling price for your home - that of course depends on what part of the country in which you reside. That type of "improvement" would not add value to a home in an area that does not use vinyl siding on homes. As always, remodels for kitchen and baths have high value. The newest thing to really add value to a home is the "green" value - meaning those things in a home which improve on energy efficiency, products that are environmentally friendly, and things that can be recycled.
By knowing your neighborhood and your region of the country you can make better decisions on what you might need to do to add value to your homes value and appeal!
posted by St Lucie Homes on the Treasure Coast @ 9/03/2007 10:07:00 PM
1 Comments:
Great site. A lot of useful information here. I’m sending it to some friends!
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