Remodeling For Resale - What Helps Your Wallet, What Hurts It?

Remodeling just doesn't pay off like it did just a few4. Don't jumble up your home's floor plan. One of the
years before.worst examples I've seen is a home where a couple
Of course the expenses of home improvement seemtook out the closets from 2 bedrooms, instantly
outrageous to me. And the contractors you pay to dolowering the value of their own home. They turned
the remodeling often don't do the quality job they saytheir house from a 4 bedroom into a 2 bedroom.
they can do. It got me into the do it yourself stuff. IBedrooms have to have closets and egress in most
realized I could do many things better than people whocommunity codes to be designated bedrooms.
claimed professional capability. I'm a little blond lady. If I5. Get rid of wallpaper. Home buyers don't like it and
can do things, others can, too.they do not want to go to the difficulty and cost of
In a real estate market where a capable buyer isremoving it. It also tends to date properties in a bad
golden your property either has to be perfect or it hasway. Simple paint is so much safer and easier to
to be a significant bargain.refresh.
But if you can do some of the work yourself, it limits6. One of the surest ways to attract a home buyer is
your financial risk and may make it viable for you to doto have a newer roof on you house. People love new
good work and not borrow money. These 2 factorsroofs. I pay pros for that job.
change everything.7. Do things inexpensively, but make sure they don't
Nothing about this is easy, but it is attainable.look shoddy. I once refaced a big kitchen for $1,200
Striking the happy medium between having anand some of our own labor. It sold my property.
attractive home or one that's WAY overpriced isn't8. Pay attention to curb appeal. A cute house will sell
easy.easier and faster than other properties, even ones that
Here are some guidelines that may help you decidehave been extensively remodeled.
what to do and how to do it.9. Repair, reuse and recycle existing materials and
1. Forget about custom kitchens and granite counterthings you find that may improve your home and not
tops. Virtually no one will pay you the full cost of thesecost a lot of $$$.
very high-priced upgrades. However there are things10. Pay as you go. Don't finance improvements on
you can do for lots less $$$. Paint may make yourcredit. It's too pricey.
kitchen look a lot more attractive.It's always important to maintain your house. Keeping
2. A second bathroom can make your home moreon top of these things makes it easier to sell a home
attractive without a lot of expense. Homes with 1 bathquickly when you need to move on, whatever the
are a tough sell. 2 baths work better.reason.
3. If all the properties in your neighborhood are the sizeAnd finally, if you have substantial equity you may be
of your home, don't add on while remodeling. You mayable to offer owner financing. It's a great way to sell a
never get the extra price to cover the costs to do theproperty, even one that's less than perfect.
work.