If you’re like many homeowners these days, you’re either getting ready to put your home on the market because of rising prices or you’re thinking of investing in home improvements because you’re more confident in the future.
If you are one of the latter, don’t think that spending $100,000 to redo your kitchen to state of the art will pay off when you do sell.
According to the Appraisal Institute, not all remodeling will give you oomph at selling time.
The institute says that the highest expected return on money spent on home improvements will come with siding replacement, entry door replacement, attic bedroom addition, minor kitchen remodel and garage door replacement.
Energy-efficient renovations can pay off in lower utility bills right away and in attracting potential buyers later on.
The institute recommends you get a certified appraiser to go over your list of improvements and tell you what they’re liable to be worth at sales time.
But not everything has to be done for the dollar value of it.
Sometimes you just gotta have pink ceilings and flocked wallpaper. It’s your own home, enjoy it.
Contact STEVE JONES at 444-1765.