Strong Home Value factors to Maintain Top Property Profit

HOME VALUE IS WHAT YOU MAKE IT

HOME VALUE IS WHAT YOU MAKE IT

HOME VALUE IS WHAT YOU MAKE IT

The question “what is my property value?” most likely will not be known until the deal is complete. Property value is often referred to as the fair market value. Call it the price a buyer and seller would agree on if both were interested in completing a transaction.  Strong Home Value factors to Maintain top Property Profit.

Other home value contributing factors between the buyer or seller are who has the best bargaining skills, who wants the deal most and whether there were any incentives thrown in to sweeten the deal. What type of upgrades, maintenance records, current remodeling trends etc.

Consider the condition inside and outside the home.  Be diligent and focus on the HOME VALUE of each separate room.

Bathroom
Besides having an updated bathtub and a shower what else matters. Maximum value will be to upgrade all of the features (flooring, plumbing fixtures, colors,etc)

Bedroom
This room should always look spacious and definitely clean (master or secondary).  Also add current lighting, internet upgrades, cable access (especially on bed wall) and even exit doors for bedroom/office. Upgrade room colors and window coverings.

Kitchen
Kitchen is the heart of the home for a large number of families. Minor improvement such new sink and faucet create a new trend feel. A quick visit to Home Depot will easily find both items for under $500. Lighting and window upgrades might be a thought. Buyers will be looking for a home with a kitchen that is both cozy and practical.

Living Room
Make sure your living room catches the eye of potential buyers. Individuals are certainly going to spend a lot of time in their living room so add the latest computer and internet features, built in entertainment center(if possible) and good lighting to feature other attributes.

Dining Room
Dining room has evolved as part of the Great Room concept. Top value would include improvements such as easy conversion to home office or another bedroom . The potential buyers will be happy to have a dining room that is both practical and sophisticated.

As always for every room add the most current paint color schemes For help login to Pinterest-log go search bar type in any of these color schemes, paint color, color combinations, etc.
With a couple of right moves you can turn these rooms and the home into something potential buyers will pay top value for.. Put more effort towards periodic focused improvements that improve home value. Which remodeling ideas will keep value high can only be chosen by careful and skillful effort. “If it were easy everyone would do it”!!

HOME VALUE

HOME VALUE

How Much Value Does Fencing Add To Your Home?

One of the top five things most buyers seek while shopping for a new home is a FENCE. So the next logical question might be, how much value does fencing add to the saleability and value of the home? If a fence exist, fix it up, stain or paint and add perimeter color plants to show the fence off.

Home modifications that lead to top home value will be a schedule that might take a month or perhaps a year or more. Study the neighborhood and community. Join the builder supplier newsletters nearby such as Home Depot, Lowes, Ace Hardware, etc. Get yourself a few free or low cost software applications that can help organize the venture to get Top Value for the home. Buildertrend– Communication, Collaboration, and Documentation at your fingertips.
Buildertrend brings your whole building world together in one powerful
cloud system, designed especially for custom builders & remodelers.

A recent AARP Newsletter wrote on the home project and what percentage of the investment is recouped, on average.

Insulate the attic: 117%
Replace the entry door: 91%
Refresh the kitchen: 83%
Get new siding: 75%
Build a wood deck: 75%
Replace the roof: 72%
Remodel the basement: 70%
Add a family room: 68%
Renovate the bathroom: 66%

For example you might not need a new roof but simply to have moss removed, gutters cleaned, skylights and vents caulked, etc. Search for Roof Cleaning licensed contractor nearby and get the roof in shape for a few hundred dollars not thousands. Instead of only a 72% return you might earn Top Value with that quick fix.

Due Diligence on every upgrade must be given priority.

According to the 2016 Remodeling magazine Cost vs. Value survey, the average return on home-improvement projects was 6.7 percent higher than it was a year earlier, handily beating the inflation rate of 1.4 percent.

Simple replacements can give you a better return than major remodeling projects — about 4 percent more, on average.

Thank you once again and please comment with thoughts on this article or any other. http://waynehartunian.com— Also please sign up for my newsletter.

Summary
Strong Home Value factors to Maintain Top Property Profit
Article Name
Strong Home Value factors to Maintain Top Property Profit
Description
The question "what is my property value?" most likely will not be known until the deal is complete. Property value is often referred to as the fair market value. Call it the price a buyer and seller would agree on if both were interested in completing a transaction. Strong Home Value factors to Maintain top Property Profit.
Author
Wayne Hartunian

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