Hom e i m prov e m en t & r e a l estat e
Making the Most of Your Home Improvement
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s a homeowner, trying to determine the best return on upgrades to your property is sometimes more complex than just finding the time and money to do it. From flower beds to full remodels for added comfort or sale preparation, experts suggest the first step is to ask yourself, “Why am I doing this?” Simply put, it is important to consider the reasons for the change; e.g., being unhappy with current surroundings, renovating an older home for safety and efficiency, or planning a move. Not all changes are about being paid back in a sale, and we asked Tyler Wolf of Wolf Real Estate for ways, however large or small, to improve your home’s appearance and livability. As a local licensed real estate service provider, he is well-appointed to advise homeowners about optimum projects and timing.
MAKING A CHANGE If you are thinking about a remodel because you are selling a home, Tyler recommends considering two types of buyers, "You can prepare to market to homesteaders who want a house that is ready to live in, or fixer-uppers who want to save money on the purchase to live in or flip it." In either case, it is practical to consider which improvements will increase your home's value in the time you have before you want to list. The most high-value additions Tyler recommends include adding a fresh coat of interior paint, touching up landscaping, and updating bathrooms and the kitchen. "If you have a long-term plan to sell or will live in the home for some time," he adds, "You can choose projects that provide the greatest return on your investment. The best solutions are greater energy efficiency—windows and insulation—kitchen and bathroom
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APRIL 2022
by Ann Marie Kennon
remodels, paint, flooring fixes, and adding square footage. "
INSIDE While Tyler and his agents report buyers consistently favor updated kitchens and bathrooms, clients looking for low-budget changes should consider a few DIY updates. Paint; neutral colors such as gray and greige (gray and beige) are the current trend in home sales. Lighting makes a home look more inviting. Tyler recommends 100 watts of light for every 50 square feet. Under-cabinet and accent light fixtures for tables or walls are a plus. Update/paint cabinets. Outdated cabinetry may make a home look out of style. A less expensive solution is to paint or reface cabinets to freshen the look, or the least expensive option—update the hardware. For a bit more, other short-term projects include installing crown molding or refinishing old flooring or deck surfaces. If you have more time and a good contractor, consider: Basement remodel Kitchen remodel Custom cabinets and counter tops Bathroom updates Deck installation (depends on weather) Roofing installation
