How to Increase Your Home's Value
One of the first questions I get from home owners who are considering putting their home on the market is "what updates will help me sell my home and best return on investment". Below is a list of top upgrades and the return average from Realtor Magazine. Here in New Jersey, Kitchen's rule! Buyers today want modern Granite or Stone counter tops, stainless appliance package, and new or painted/refreshed cabinetry. "Yes the dog is very cute", but she's not included, a little Realtor humor.
If you have only $10,000 to spend, put it in the kitchen. You and your buyers will be happy you did.
Project (average cost recouped, national) according to Realtor Magazine:
Minor kitchen remodel (88%)
Bathroom remodel (85%)
Major kitchen remodel (81%)
Family room addition (80%)
Deck addition (77%)
Master suite (75%)
Attic bedroom (74%)
Siding replacement (73%)
Window replacement (69%)
Home office (55%)