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re: Things that will add value to your home when selling

Posted on 10/27/13 at 10:33 am to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 10/27/13 at 10:33 am to
There is very little you can do to increase the value of your home that is cost effective. Why would a home buyer pay you more for improvements to the home than they could pay to have the improvements done themselves, and to their exact specifications? The only reason I can imagine for purchasers to do so is to get the costs of improvements into the purchase cost for purposes of financing.

Improvements should have been made to enhance your living experience in the home. Anything you do now is basically speculation. You would be risking money that you will increase the appeal of the home to prospective buyers enough to recoup the costs of the improvements. If you need to make structural repairs to gat the property sellable, then improvements might be better justified. But your best bet is to only make cosmetic changes.
Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7880 posts
Posted on 10/27/13 at 2:44 pm to
quote:

Poodlebrain


Solid Post.
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