Whether planning on selling your home in the future or not, keep in mind that life can be unexpected and cause plans to change. If your home ever hits the real estate market, planned or unplanned, you will want to be as prepared as possible.
When renovating your fixer upper home, keeping resale value in mind is a good financial choice and might earn more money for your family in the long run. You might be wondering what features of a home are good for resale value, and this is where the experts come in.
Below are tips for keeping resale value in mind when remodeling.
Kitchens are one of the most desirable parts of a home and home buyers will take notice of materials and finishes. While upgrading the kitchen is a sound investment for resale value, be careful not to go too overboard with the upgrades that it becomes impossible to recoup the costs.
Same goes for bathroom features. Home buyers love updated bathrooms, and this can boost the resale value of your home. Similarly, home buyers get turned off by lack of bathrooms, so make sure the amount of bathrooms in the home fits with the square footage.
Make sure there is at least one part of the home that can be considered a “flex space” or a space that home buyers can imagine their home office, playroom, closet or room of their choice to be. This can be a segmented part of a room connected by a sliding barn door, or it can even be a finished basement.
Investing in the curb appeal of your home can go a long way. Add charm with a wrap around porch, invest in landscaping, and create a beautiful entryway for guests to admire. Curb appeal and the home’s exterior are major factors in resale value.
Our qualified professional remodeling team can assist you in creating the home remodel of your dreams on the north shore of Nassau county, Long Island. We are your local realtor, designer and contractor of choice in towns like Oyster Bay, Manhasset, Plainview, Jericho, etc. For more information on our Long Island-based remodeling contractors, book an appointment today!
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