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Adding Value

Which items will add value to your home and help with resale when the time comes to sell?

The answer is: “Only the ones that future buyers will also want and be willing to pay for.”

As a general rule, choosing the functional over the merely cosmetic and choosing neutral over unusual or exotic will pay at resale. Taste and current trends can also affect the value of an update. Unusual colors have a limited appeal.

Which updates will add the most value to your home?

  • Updates that increase usable space (an extra bathroom, larger and/or upgraded kitchen, master bedroom suite, more closet space, conversion of unused space to a home office).
  • Updates that will lighten and brighten your rooms (white or light color paint and floor coverings, light woods, skylights, larger windows, French doors).
  • Updates that will open your home to the outdoors for fresh air and entertaining (French doors to the patio or garden).
  • Updates that will increase privacy and security (fencing, landscaping).

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4 Minute Real Estate Blog
Tuesday, July 20, 2021

Orlando Regional Realtor Association Market Pulse - June

Snapshot: While listing inventory is showing signs of opening up, it continues to remain tight even though  new contracts slipped from 5852 in May to 5519 in June.  Closed sales repeatedly outpace previous year's numbers (3103 in June 2020 ...  Read More

Saturday, June 19, 2021

Orlando Regional Realtor Association Market Pulse - May

Snapshot: Listing inventory creeped up a little in May yet still remains drastically low with many areas seeing less than one month's worth of inventory available to purchase.  The amount of total contracts appears to be holding steady month ...  Read More