If you are planning to sell your home in the near future, there are some upgrades that can add significant value. Improving the kitchen and bathrooms are typically good investments. The following, however, may not be wise projects to undertake before placing your home on the market:
• Trendy finishes. Be careful of a style that will look dated when it’s time to have an open house. For example, Mark Johnson, a Whirlpool design manager, suggests this may be what’s happening to stainless-steel appliances. “For a period of time, people aspired to a commercial kitchen,” he says. “What I am seeing is more interest in warmer finishes.” You want a design trend with legs. Johnson says custom panels that dress appliances in maple or mahogany finishes are likely to remain popular for several years. Also, think about the materials for hardware like hinges and light fixtures. Polished brass or anything shiny is out. Brushed nickel is a better option.
• A swimming pool. In some areas, especially hot-weather spots like Arizona and Florida, a pool is a must-have. In the Southwest, adding one can boost your home’s value by 11 percent on average, according to a National Association of Realtors study. But elsewhere it can just as easily turn off buyers, who worry about affording the upkeep and insurance. Families with young children, in particular, may be turned off by the safety factors that come along with owning a pool.
• A jacuzzi. Busy boomers have little time to spend hanging out in the bathtub, and parents with small kids prefer a conventional tub. If you want to add luxury to your master bathroom, you may be better off installing an oversize shower that has a rain showerhead and multiple jets.
For more information on what to do to get ready to sell give me a call, email, or text.
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Rachel Sheller~Principal Broker, Realtor, CRS, ABR, GRI, SRES
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