Property Payoff: Tips To Increase Resale Value

Nothing beats the feeling of successfully finishing a home improvement project. Every time you install new floors, apply a fresh coat of paint or build a patio, your property is one step closer to becoming your dream house. No matter how long you have lived there, you have probably invested more than a little money, time and sweat into your home. It’s understandable that you would want to see at least some of that investment returned to you when it’s time to move, but you might be disappointed.

Even though you may look at your improvements and see a much more valuable property, value is in the eye of the beholder. For example, converting an unused bedroom into a home office might make sense for you. To a prospective buyer, on the other hand, it may seem like a room that will never be used. That’s why, if you’re concerned about how a DIY project will affect your eventual resale value, it’s important to plan strategically.

Fortunately, there are numerous house projects that could be well worth the effort — for homeowners and potential buyers alike. One of the best of these ideas is to give your kitchen a refresh. A bright, modern space with all-new fixtures creates an attractive focal point for interested parties. Likewise, updated bathrooms almost always have a positive impact on the perceived value of a property. If you have an unfinished basement, you can convert it into additional living space that buyers might see as a great blank canvas with which to work.

For these and other suggestions you can use to boost your home’s return on investment, see the accompanying checklist. It lays out many of the improvements that make the most difference for helping your house gain an edge in the marketplace.

Tips To Increase Resale Value

Author bio: Sara Scimeca is Marketing Coordinator for Synergy Builders, a stress-free remodeling company. She has two years of experience in the industry and manages Synergy’s marketing plans including creation of content for newsletters, brochures, advertisements, videos and more.