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Love the home you are in but make smart investments into the home and property to increase its value when it comes time to sell. Consumer Reports turns to the expertise of a legion of real estate professionals to find out more about what the average homebuyer can do to boost their home value. Reagan Homes in Mystic, CT shares the recent findings with you.
If you are considering selling a home, the space should be inviting and clean. Potential homeowners need to be able to envision themselves living in the space. This means removing family mementos and depersonalizing the home. Cleaning and maintaining the home and property is the first step in maxing out your home value. This one step can increase the potential return for homeowners anywhere from 3 to 5 percent.
For a $300 to $5,000 investment, homeowners can net an addition return of 3 to 7 percent. Real estate professionals know that “the kitchen, more than any other room, sells the home.” The kitchen needs to be in good shape when considering bringing the property to market. Homeowners can start with minor repairs and changes including:
Older homes and properties may need additional work but start with the basics in new or older buildings and stick to a budget that will provide a decent return.
Within a range of a few hundred to several thousand dollars, homeowners can expect a return from 2 to 5 percent when they invest in the exterior of the home. Begin with basic maintenance such as trimming shrubs and mowing the lawn. Make minor repairs, including repointing brick walls, touching up paint and addressing cracked siding. A good power-washing of the exterior and repainting the front door to the home can help make a positive visual impression on buyers. Pay attention to the roof of a home. Have your roof in good shape and choose shingles with a product warranty that can apply to the next owner.
Go with the Pros at Reagan Homes
Reagan Homes experts in Mystic, Connecticut have helped homeowners build custom, high-quality homes for more than 30 years. Have a home that meets your aesthetic and functional needs using superior materials and craftsmanship. Current and prospective homeowners can get a second opinion from the experienced professionals at Reagan Homes. Call today to speak with a Reagan Homes real estate professional to discuss additional ways to increase your home value.
Expert home builder and developer, Dave Reagan of Reagan Homes has been specializing in custom, premier, and high-quality constructed homes for over 30 years. The team at Reagan Homes has an exceptional reputation within the Southeastern Connecticut communities. Expect to be astonished by the continued level of excellence and detail from Reagan Homes in Mystic, CT, Groton, CT, Waterford, CT, East Lyme, CT, Stonington, CT, Old Lyme, CT, Essex, CT, Old Saybrook, CT and New London, CT.
197 Long Wharf Road
Mystic, CT 06355