The Top 10 Projects to Increase Your Home Value in Arizona:
Your house might be the ideal place for you to live in but adding value to it with the help of remodeling can be helpful if you need a grasping selling price. You might need to sell your house someday and you will need some attractive features in your house that will attract the buyers you want.
As a general rule, the more you direct yourself towards adding a personal style [keeping in mind a general lifestyle], the more likely you will be able to select the correct target market for whom the remodel will provide the greatest benefit. Moreover, keeping your eyes on the return on investment (ROI); trying to maximize it by selecting the areas of the home with the greatest value added benefits to the buyer, and baring in mind that the ROI may not always be positive, it is important to minimize your risk any time you make improvements to your home.
As a Real Estate Agent, I often get questions from sellers regarding which areas of the home to remodel which will provide the greatest value when selling. While this is not always as cut-and-dry as it might seem, there are a few options which historically provide the greatest likelihood of return. To start off, lets ponder a little over the 10 most feasible home improvement projects that can be done which give the best results and a better selling price.
Looking at this info graphic, you can see that the added value for these 10 upgrades can provide a significant return on your sale’s price. By adding a new front door [preferably one that has a half glass 20 gauge steel] it will cost you approximately $1137 with a resale [added] value of about $974. This means that you will realize a recouped cost of up to 85.06%. In the mean time you’ll have the added benefit of a lower maintenance steel door which would be much easier to maintain than a wooden one.
If you have a garage your focus should be on revamping the garage door rather than the whole space. To give the home a nice curb appeal, repaint the street facing garage door or add a new one instead. You can install a four or two section garage door with an automated door opener for a cost of about $1496. However, it will offer a resale value of $1132. The payback is an astounding 75.7%.