Home Improvement Dos
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Home Improvement Don'ts
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Start with the outside and then work your way in.
- Plant mature trees, flowers and shrubs.
Younger plants cost less but you don't have the time for their growth.
- Clean or paint the exterior. Power wash
your vinyl siding or paint any part that may be in need of a fresh coat.
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New windows no matter how energy efficient they are do not add to the value of your home. They may entice the buyer to purchase your home over another but you will not see a return on your surrounding sills.
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The number one way to get not only more money for your home, but receive a good return over what is spent is to paint the interior. Warm, inviting, neutral tones sell a home. A light hued neutral paint can enlarge the appearance of your rooms and be welcoming to your buyer.
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Central air conditioning is comfortable but does not add value to your home. If you list your home in the spring or fall when the weather is cooler, your buyer may not even be reminded of the lack of one. You will never get back on resale what it takes to install this comfort.
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The areas of the home that demand the bulk of your home improvement budget are bathrooms and kitchens. It is much more difficult to sell a home with one bathroom. If your spacing and budget allow, consider adding a 1/2 bath on the main living level of the home. Make sure the vanities are updated and in good working condition. A new contractor grade vanity with sink and fixtures can be purchased for under $300at your local home improvement store. With a fresh coat of paint, you have a brand new bathroom. Clean the shower and tub area thoroughly. Place fresh caulking to give a new look.
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New hardwood flooring will not add value to your home. Again, it may make your home more attractive to a prospective buyer but it is not justification for an increase in the sales price.
Spending money on cosmetic changes is fine to a point. Luxury upgrades (swimming pools) and fancy branded appliances never show any cause to justify an increase to the sales price.
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Replace or reface kitchen cabinets. If you do the work yourself, you can install new contractor grade kitchen cabinets and new countertops for under $3000 including all new appliances. Try visiting local surplus stores. You want your kitchen to be light and airy. Do not purchase top of the line cabinets or appliances. There is not need. You will never see a return on those expensive items.
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Major remodels for the long term investment that can add value to your home are:
- Garages and carports add considerable
value.
- If you do not have one, a fireplace adds
value.
- Bring the laundry room upstairs if it is in
the basement. Be careful not to deplete too much kitchen or space from another room.
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