The Value of Home Improvements

kitchen-200x200

The Value of Home Improvements

During my years selling real estate in Lowell, I’ve seen cases where homeowners made home improvements assuming they’d recoup their investment when they sold, only to find that the improvements didn’t increase their home’s market value, and even decreased it.

How could this be? Well, there are many variables involved in how home improvements affect market value. Some relate to the quality of the improvements, while others relate to an individual owner’s tastes and needs. For instance, remodeled kitchens and bathrooms usually generate a good return. However, a new swimming pool that means a lot to one owner can make a property less saleable generally, and so decrease its market value.

If you are thinking of renovating or adding on to your home, you’re welcome to give me a call first. From experience, I can help you determine how the improvements are likely to affect your Lowell home’s market value, so you can develop a strategy that gives you the results you want.

Sell Your Lowell Home for Up To 18% More Money Visit http://www.lowellhousevalues.com for a Free Home Evaluation

Courtesy of The Tryon Group ~ Chris Tryon ~ ERA Key Realty Services

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s