Make your home a more pleasant place to live, and then you can profit from it when it's time to sell.
How much to spend on renovating depends on the value of your home.
Here's a rough guide of what you should do at various price points.
Home value: $250,000
Amount to lay out: $10,000 to $20,000
Cosmetic: Make minor improvements. Paint the front door and trim to make a great first impression.
Structural: If the roof has any flaws, fix them. Make sure there are no water marks on ceilings.
Landscaping: Trim down bushes near windows and fill in any bald spots.
Home value: $500,000
Amount to lay out: $20,000 to $50,000
Cosmetic: Paint everything. Paint and or refurbish doors and hardware on kitchen cabinets. Resurface floors and replace carpet if needed.
Structural: Go to a new development with homes more expensive than yours and see what the latest appliances are. Buy the least pricey one, like an oversized stainless-steel refrigerator.
Landscaping: Splurge a little more on the landscaping
clipped from www.dispatch.com
No comments:
Post a Comment