Tips To Add Value Upon Resale Of House:
You may decide to redecorate the kitchen or bathrooms and you may think that the investment you are doing is well worth. It is advisable to check the advantages and disadvantages of any sizable investment. Our experts have some ideas to remodel the home and add value and a handsome return on the investment.
# Taking Start With The Kitchen:
According to a report given by the National Association of Realtors (NAR) and the National Association of Home Builders (NAHB), a majority of Americans when planning to remodel the house take starts from the kitchen. As this area of the house is more prominent and everyone always concentrates on it but if you are going to replace the materials and appliances it will cost you more.
But nowadays, homeowners that are doing this all for a resale know that the investment in a kitchen is beneficial when he is about to resale it as it will convince the buyer to give more.
For example, a mid-range priced home, the average price in 2013 for a large-scale kitchen was $53,931. However, the resale value of such a project averages a return of $37,139, recoupling roughly 69 percent of the total cost.
The investment in the kitchen will give him double and will be helpful in the upscale projects too. This will give a 60 percent return to the seller back.
Homeowners always think wiser to take benefits without losing anything.
So it’s better to invest more in the kitchen area and then in other parts of the home.
# Secondly: Add Granite Countertops:
The second thing to add to the kitchen is granite countertops as it will add significant value to a home. This is proven that granite countertop is the thing that can worth the investment because of its long lasting and other such qualities. Real estate group Zillow sees on its websites that granite countertops are one such investment that adds value to a home. Moreover, it is proven that if granite countertops are installed in the kitchen it will not only bring more money but will also bring an attractive buyer in a short period of time.
The price of kitchen granite countertops is well worth it when you take into account the value it adds to a home. If you need any suggestion related to more ideas about how to add value to a home while resale, feel free to contact us.
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