Having been a full time real estate broker for the last 21 years, I want to share my experiences and advise. Servicing the Chicagoland area I have closed over 300 deals. Short sales have been a big part of my business in the recent years. However there is nothing better than seeing a happy new homeowner. I am looking forward to sharing with you.
Friday, December 17, 2010
Smart upgrades that are worth it.
Many sellers are starting to think that after the holidays they should jump into the market and either upgrade or downsize their homes. But what should they do to get the best bang for their buck? According to Realtor Magazine here are some ideas. Replace your entry door and hardware. I also suggest a new mailbox and doormat. Next replace your garage door and old siding. On these projects you should see anywhere from a 80% to 100% return on the investment. Granted that you haven't replaced these items in the last 10 years or so. Next is a kitchen or bathroom remodel. There you should see about 73% of your investment back. Kitchens and baths can be big projects. Even minor changes such as appliances, countertops and backsplashes will increase your sale price. Having your home well maintained and fresh is a must in our challenging market. Happy holidays.
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