SPEND TIME BEFORE YOU SPEND A DIMEUnless your home is in mint comdition or you are selling it as a "fixer upper" there is probably a long list of repair or remodeling projects to consider. Those can range form relatively simple jobs, such as painting a bathroom, to more complex room additions or remodeling projects.
In considering any home improvements project, you need to ask yourself a couple of questions: Why are you doing it? Is it work that really needs to be done: a paint job or a leaky roof? Or is it an amenity you would like that you think might appeal to a potential buyer, such as a hot tub or a home office addition. Will it add value to your home, or have no impact at all? Or will it make your home more difficult to sell?
Some investmants like paintng and yard work involve relatively little cash outlay and yet return many times your cost. Other improvements that you think will add value have no significant impact. Adding a swimming pool is a good example. Besides the hassles of maintenance, a pool can reduce your home's appeal among families with small children because of safety concerns.
Bryan VogtStrano & Associates, Realtors® - GMAC Real Estate
(618) 355-5824
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Bryan Vogt @ 3:30 PM