Archive for the 'Selling' Category

Nov 21 2007

Net Worth of Property Upgrades

Published by jallen under Market Uptick, Selling

Yes, this title is a bit vague, but when selling a home, and preparing to show it, it is important to utilize your funds in as profitable way as possible. There are many things you can do to a home that will help increase its value in a downtrodden market.

  1. Make sure your lawn is well manicured, and that little to no maintenance will be required by the new owner upon purchasing the home. This makes your home seem like less of a project, and will likely allow for an increase in asking price. Of course, if it is winter, snow may cover the lawn and it would be good to allocate the funds to a different area.
  2. New plumbing fixtures. If your home is older than 15-20 years and you have never replaced your plumbing fixtures, this will be a huge dividend for you. Updated plumbing means higher value to your home, and less the new owners will have to fork out upon taking possession of your place. (yes the next one is the other mechanical) Continue Reading »

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