Whether you are planning to move soon or not, it’s smart to be strategic about which home projects you take on. Your time, energy, and money matter. Not all upgrades offer the payoff you might expect. As U.S. News Real Estate explains:
“…not every home renovation project will increase the resale value of a home. Before you invest in a swimming pool or new addition, you should consider whether the project will pay itself off by getting prospective buyers in the door when it’s time to sell.”
Before you pick up a power tool or call a contractor, your first step should be to contact me.
Planning Ahead Pays Off
If you plan to move relatively soon, you will want to get a jump start on your to-do list. And even if moving isn’t on your rador yet, life can change quickly. A new job, a growing family, or shifting priorities can fast-track your plans. You don’t want to be scrambling to fix up your home if your timeline changes.
Smart updates now = fewer headaches later.
By planning ahead, you can spread out the work over time, which is easier on your wallet and your stress levels. Plus, you will get to enjoy the upgrades while you are still living there and have the peace of mind your house is ready to impress when it’s time to list.
What Buyers Want (and What’s Actually Worth Doing)
If you are not sure which projects are worth your time and money, here’s some information that can help. A study from the National Association of Realtors shows which upgrades typically offer the best return on your invenstment.
If an update you are already thinking about overlaps with those high return on investments upgrades, great. It will improve your quality of life now and your home’s value later.
But don’t take this list as law. This is based on national data and is the sort of thing that’s going to vary based on what’s most sought-after where you live.
You will just want to make sure you don’t overdo it. Too many high-end updates can make your home the priciest in the neighborhood. That might sound great, but it can actually turn buyers away if it’s outside their expected price range for the area. I will help you make smart updates that buyers will love, without going overboard.
Whether the project is big or small, it pays to be strategic.
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