Uncategorized January 14, 2022

Upgrades That Increase Your Home Value

Thinking about selling your home and wondering how to increase your market value? I got you! Let’s dive in……

1) Finished Basement

The average cost per square foot to finish a basement is $15 and can include waterproofing, installing a sump pump or drain, wiring, framing and more. Return on investment can be as high as 75%!

2) Open Floor Plan

This feature has been on buyers’ wishlists for decades and it’s not going away any time soon. Before you start knocking down walls, consult with a contractor to ensure that you do not inadvertently compromise the integrity of your home.

3) Hardwood Flooring

Installing or refinishing hardwood floors can be quite a project, but according to the National Association of Realtors Remodeling Impact Report of ’19, return on investment can be expected to exceed 100%!

4) Increase Curb Appeal

Make an impact with buyers before they walk through the front door by sprucing up your lawn. Manicured lawns with trimmed edges, mulched trees, and attractive plants have a 100% return on investment.

5) Hire a Realtor

Many homeowners who attempt to sell their home For Sale By Owner do so because they want to save money. Statistically, however, homes listed by Realtors sell for 20% more than FSBO! A professional not only guides you in upgrade options, but also creates a marketing strategy, coordinates between agents, inspectors, lenders, etc, and offers advice based on their expertise. Don’t go it alone! Call me at (865) 307-4805 for a consultation.