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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
Saturday, September 18, 2021

Orlando Regional Realtor Association Market Pulse - August

Snapshot: Inventory continues to creep up while demand remains strong.  New contracts increased by 232 between July and August and are up 9% year over year.  The median sale price remained steady at $320,000 yet sales dipped slightly from ...  Read More

Monday, August 23, 2021

Orlando Regional Realtor Association Market Pulse - July

Snapshot: Homes continue to sell quickly as the year over year numbers for days on market drop more than 50% from 2020 to 2021 (54 and 26 respectively).  New listings increased to 4710 which is 93 more than June 2021 and new contracts equalled ...  Read More