When you are gearing up to sell your home, you might be considering a remodel to make your residence more desirable to perspective buyers. Though some people may view remodeling their home as an unnecessary expense – recent statistics show that consumers are signaling confidence in the value of a remodel! Of course, it is up to the homeowner whether or not to remodel their home before selling, but many people believe remodels can be a wise investment for getting a higher value for your home! Some modifications that will surely raise the value of your residence are: converting your attic into a bedroom or office, adding an additional bathroom (especially for a one bathroom house), or refinishing hardwood floors (as opposed to carpeting due to current market trends).
Not only has there been resurgence in remodeling projects before selling a home, but there has also been a significant increase in remodeling trends for new homeowners. During the past year, one out of every five new homeowners took on a remodeling project. You may be asking yourself, “Is remodeling your home really worth it?” According to a Rasmussen Reports survey, 52% of Americans feel that their home is their greatest investment. Of course, nobody can dictate whether or not you should remodel your new home, and there are many factors to consider before green-lighting a remodel. What it comes down to is that your decision should be the one that makes the most sense for you!
Your Global Point Relocation Solutions Agent can assist you in recommending specific renovations and touch-ups that will make your house stand out among the competition to buyers. Our Agents will be able to explain the expected returns on investments you make to enhance your home’s salability.
For more information on your home’s value please contact Global Point Relocation Solutions at (562) 221-0055
*Images & Statistics gathered from the California Association of Realtors
Published on 2014-11-07 11:08:25
