Sunday, December 4, 2011

Top Dos and Don?ts in Home Improvement

Foreclosure Listings December 1st, 2011

The main reason most homeowners tackle a home improvement project is to increase the home?s market value. If this is also your reason, you need to know not all projects designed to improve your home will increase its resale value. There are actually projects which will not accomplish anything except maybe satisfy a certain preference of yours.

Top Dos and Don'ts in Home Improvement

If you are looking to sell, it is quite obvious you need to know what you have to do and what you need to avoid. To help you, consider the top dos and don?ts in home improvement.

Top Dos

? Improve curb appeal

There is nothing which says ?serious seller? than a gorgeous exterior. Make sure you keep your yard and lawn clean and clutter-free. You would also be surprised at how the addition of plants will do wonders for your home. Such improvement will make a good first impression.

? Fresh paint is also a great way to make your home attractive to buyers.

? Think about adding a fireplace

A lot of homebuyers tend to gravitate to homes with fireplaces especially in states where the winter months can be really cold.

? You can expect your kitchen and bathrooms to be scrutinized since these are the areas of the home most buyers lavish attention on. Update your kitchen by adding new appliances. You might consider adding a half-bathroom or even a full one, if space and budget permits, to enjoy an uptick in your home?s market value.

? The addition of a garage will also be a big hit among buyers.

Top Don?ts

? Although a central air conditioning system sounds good, you will be surprised to learn that it really does nothing for your home?s resale value.

? Beautifying your home is good but you need to set your limit. You cannot expect potential buyers to appreciate everything inside your home. For instance, if your preferences for art lean on the old and antique-y. Just choose home improvement projects which are generic and neutral.

? Other luxuries such as a swimming pool and tennis court are again features which you can do without. You cannot expect for these additions to pay for themselves when the time comes to sell your home.

When choosing a home improvement project to work on, you have to keep in mind that you can only increase your home?s market value by at most 20 percent. If this figure is exceeded, your home will be the most expensive in the neighborhood and you will have a hard time selling it.

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Tags: home improvement, home improvement project, home improvement tips, home selling tips, improve curb appeal, improve your home, sell your home, selling a home

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Source: http://www.foreclosureconnections.com/blog/article/3106/top-dos-and-donts-in-home-improvement

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