If you’re looking to sell your house, improvements may be in order to raise the value of your home.
Of course you’ll want to be sure that the amount of money you spend on the improvements earn you the greatest amount of money in return. In this situation, here are some places you can start.
When selling your house, appearances are everything to prospective buyers. A gallon of paint, on average, costs about $20 and it can result in as much as a seven percent growth from the value you initially spend on the paint.
Using a variable color scheme may help too, though avoid bright colors because the shine is difficult to maintain.
With a kitchen, there’s both a major and minor remodeling. A minor remodeling can include replacement of appliances. It will cause your kitchen to look more luxurious, and as a result, more inviting.
For major upgrades, consider expanding the size of your kitchen, perhaps by knocking down an adjoining wall or create the illusion of space by adding a window: both are great additions to a kitchen.
Avoid stylistic fixtures such as vivid designs and chandeliers, as these suit the tastes of only some people and can be a major turn-off for many buyers.
Financing the change
There’s actually a perfect way to fund these improvements, A Home Equity Line Of Credit (HELOC).
Taking money out of your home equity to fund these changes while selling your house immediately after results in positive ways including a rise in your credit score as both the loan and your mortgage is paid off immediately, along with the inevitable gain of money from the improvements made to your house.