For many of us, selling a home and moving into something newer is just not an option right now.
An alarming number of American homeowners are upside down in their current mortgages and cannot afford to or do not want to take a loss on their current home.
While those that survived the great recession without ever facing foreclosure are the lucky ones, many have put their plans to move on hold, desperately hoping for equity to return to the real estate market.
While we wait, it can be advantageous to make some key upgrades that will bring more enjoyment to a home in the short term and potentially greater returns down the road.
Not all upgrades are created equal.
Ask any realtor and they will tell you that having a pool installed in your backyard sounds like great family fun, but do not expect to see any of that investment returned to you when the house is sold.
The fact is, some upgrades increase the market value and set a home apart from those it is competing with, and some improvements simply do not.
Kitchen and bathroom upgrades are generally regarded as showing the largest returns on investment and increasing the marketability of a home.
There's no accounting for taste.
Paint and flooring are lovely upgrades that create wonderful transformations in a living space.
Unfortunately, these items are heavily taste and style oriented.
The person looking to purchase your home may not love that Brazilian cherry floor you had installed quite as much as you do.
In this case, a buyer is most likely not going to view this as an added feature that justifies the extra asking price for the home.
New countertops are an easy upgrade with great ROI.
The most direct and minimally invasive upgrade that can be made to kitchens and bathrooms is updating laminate or tile counter tops with solid surface granite counters.
The natural beauty of granite countertop surfaces create a lasting value that is moving towards the standard in American homes.
More and more potential buyers are only considering homes with granite countertops, or they are insisting on an allowance for this upgrade when negotiating the price for a home.
Granite counter top installations completed by an experienced, insured contractor are most often done in just one day.
An outdated kitchen or bathroom is instantly transformed without the drawn out mess of tearing down cabinets and other expensive items.
Staying put may not be the ideal situation for some homeowners, but making the most out of this time with sensible upgrades will make a home more marketable when the time to sell finally arrives.
Granite countertops are available in a number of styles and colors to match the current décor of any kitchen or bathroom.
To see samples or get pricing in your area, be sure to seek a reputable, insured granite contractor.
An alarming number of American homeowners are upside down in their current mortgages and cannot afford to or do not want to take a loss on their current home.
While those that survived the great recession without ever facing foreclosure are the lucky ones, many have put their plans to move on hold, desperately hoping for equity to return to the real estate market.
While we wait, it can be advantageous to make some key upgrades that will bring more enjoyment to a home in the short term and potentially greater returns down the road.
Not all upgrades are created equal.
Ask any realtor and they will tell you that having a pool installed in your backyard sounds like great family fun, but do not expect to see any of that investment returned to you when the house is sold.
The fact is, some upgrades increase the market value and set a home apart from those it is competing with, and some improvements simply do not.
Kitchen and bathroom upgrades are generally regarded as showing the largest returns on investment and increasing the marketability of a home.
There's no accounting for taste.
Paint and flooring are lovely upgrades that create wonderful transformations in a living space.
Unfortunately, these items are heavily taste and style oriented.
The person looking to purchase your home may not love that Brazilian cherry floor you had installed quite as much as you do.
In this case, a buyer is most likely not going to view this as an added feature that justifies the extra asking price for the home.
New countertops are an easy upgrade with great ROI.
The most direct and minimally invasive upgrade that can be made to kitchens and bathrooms is updating laminate or tile counter tops with solid surface granite counters.
The natural beauty of granite countertop surfaces create a lasting value that is moving towards the standard in American homes.
More and more potential buyers are only considering homes with granite countertops, or they are insisting on an allowance for this upgrade when negotiating the price for a home.
Granite counter top installations completed by an experienced, insured contractor are most often done in just one day.
An outdated kitchen or bathroom is instantly transformed without the drawn out mess of tearing down cabinets and other expensive items.
Staying put may not be the ideal situation for some homeowners, but making the most out of this time with sensible upgrades will make a home more marketable when the time to sell finally arrives.
Granite countertops are available in a number of styles and colors to match the current décor of any kitchen or bathroom.
To see samples or get pricing in your area, be sure to seek a reputable, insured granite contractor.
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