| Cost vs. value Apply this test to any repair or improvement you are contemplating
in the sale of your home:
I am aiming to make my home more sale-able,
mindful that the cost of any improvement must raise the value enough to warrant the outlay
of money.
Will my project accomplish these goals?
Here is another area where using a real
estate agent can pay off. We deal with buyers and sellers every day. We have a good
idea of what buyers are looking for. |
Here's
a quick list of what the market has to say about potential for return on money spent on
home improvements:
| Kitchen: |
73% |
| Bathroom |
71% |
| Interior or exterior painting |
62% |
| Family room |
56% |
| Finished basement |
52% |
| Landscaping |
49% |
| New furnace |
48% |
| Central air |
43% |
| Separate living unit |
40% |
| Adding a home office |
35% |
| In-ground pool |
16% |
|
|
|
