Renovating Your Property to Sell: Wise Remodeling Choices

After you've fixed up everything you can do on your own, it's time to turn your attention to bigger home improvement projects that require the help of professionals. You may want to add central air conditioning or heating, re-do your floors, or add modern appliances. But before you do anything, keep in mind two things: First of all, professional renovators have found that you're unlikely to sell your house for more than 15 percent above the average price of other homes in your neighborhood, according to ERA Evergreen Real Estate. So, it's best to do a little research and calculate the return of a home renovation that ensures the possibility of recouping the costs of renovating with an increased selling price that is appropriate for your neighborhood. For example, if you live in a neighborhood that is selling homes at an average price of $100,000, the top of your spending budget for renovations ought to be no more than $15,000. Secondly, make sure that any improvements you decide to make are universally applicable. Not everyone needs or wants a new swimming pool or wet bar, but everyone will appreciate beautiful new flooring, energy-efficient appliances in a modern kitchen, and a solid, working roof.

In the end, you want to feel confident that your house is in top condition before showing it to potential buyers. Make sure you fix everything that was broken and rejuvenate older-looking areas with fresh paint and a good cleaning. If the weather permits and it's not too noisy outside, open all of the windows to let in a fresh breeze. If it's very warm or cold outside, turn on the heat or air conditioner to create a comfortable and inviting environment for your potential buyers. If you have water fountains or a fire place, use them. Put out some fresh flowers around the house to add a bit of colorful beauty and maybe even make up a batch of homemade cookies for potential buyers to enjoy. This will add a delicious aroma to your recently spruced up house and hopefully leave a great taste in the mouths of your potential buyers.

Source: http://www.networx.com/article/house-selling-tips-how-to-reduce-renova

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