Ready to Sell? These Upgrades Will Help With Property Values

Homes that are "move-in-ready" will bring you a higher return on your equity than an 'as-is' property that needs lots of work. Yet, the biggest mistake homeowners make is spending more on the remodeling project than their home value can support. Typically, you should plan to spend between 6 - 10 percent of a home's value to get a fair return.

So, which "fixes" are worth it, and which aren't? Read on:

Worth It: Addressing major maintenance and safety issues. Would you buy a house with faulty electrical wiring, foundation issues, or with high radon levels?

Not Worth It: Major bath renovations. Instead of spending thousands of dollars turning your bathroom into a spa oasis, stick to things like repairing cracked shower doors, updating a facet, replacing a faulty toilet, and painting.

Worth It: Ripping up old carpeting. Whether you replace it with new carpets or refinish the underlying wood floor is less important than getting rid of an eyesore.

Not Worth It: Major kitchen renovations.

Worth It: Simple kitchen renovations: Replacing older counter tops with granite (it doesn't have to be the most expensive granite), choose neutral counter tops, cabinets, and floors, any type of convenience items such as a pull out pantry, extra drawers, and lighting added to under-cabinet fixtures.

Worth It: Anything that enhances "curb appeal." If buyers are turned off before exiting their cars it usually makes them predisposed to find even more things they don't like.

Not Worth It: Anything that screams clutter. The less of "you" there is, the more likely prospective buyers are to imagine themselves happily living there.

When buying or selling a home in the Denver metro area, contact Delilah,

 and let me put my knowledge, experience, expertise, and professionalism to work for you.

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Ready to Sell? These Upgrades Will Help With Property Values