Sunday, January 11, 2009

Small Improvements that Payoff Big

These days you want to do whatever it takes to make your house appealing. While curb appeal is important, ultimately you want your home's future owner to see themselves living in it as their home. Your goal is to make the home look inviting and full of potential inside and out.

Here are some quick ways to add value with minimal expense.

1. Get rid of clutter! Give each room a definite purpose.

2. Add landscape lighting to your walkways.

3. Update hardware and light fixtures throughout the house to give it a bright and harmonious feel.

4. A fresh coat of paint. (A standard suggestion because it really makes a BIG difference!)

5. Consider replacing carpet with hardwood flooring. Hardwood floors are easier to clean, feel more spacious, and the cost is about the same as carpet.

Once you've got your home in tiptop shape, the next step is to get it seen. There will be articles to come on how to do just that.

Maximize your Real Estate Depreciation Deduction
- Maximize your Real Estate Depreciation Deduction

1 comment:

Unknown said...

It sometimes comes as news to sellers that it might be necessary to put a little money into a home in order to get it sold. For one, sellers often have trouble viewing their home objectively and tend to think minor repairs or oddities will be overlooked by buyers. Second, especially in a down market, sellers may be squeezed for cash and so putting money IN to their property for sale feels counter-intuitive. Of course the theory is that they'll get the "freshen-up" money back out again.