Looking to increase your home’s resale value? A few renovations and a fresh coat of paint may do the trick.

Some of the easiest ways to boost the attractiveness of your home and make it appear well-maintained are things that many of us can do ourselves. Cleaning up dirty floors/carpet may be time consuming, but it does make an incredible difference in how your home looks. Plus, if you paint the walls, preferably in neutral and pale colours like white or beige, statistics have shown that it does actually boost property value, and you’ll get at least 60% back of what you invested in the paint and supplies. While it isn’t exactly 100%, it does help make your home look brighter and larger.

If your home doesn’t really need any renovations or remodeling, don’t fix what ain’t broke. But if something needs to be improved, do it - especially if it’s the bathroom or kitchen, the two places that most buyers tend to concentrate on more than the rest of the home. So, if your kitchen looks like it’s still stuck in the 70’s, or your bathroom has cracked tiles and a dirty old toilet, then fix it! You’ll get at least 65% back of what you’ve spent to renovate, and chances are you won’t have to sell your home with the dreaded label, “as is”, seriously compromising the asking price.

This entry was posted on Monday, February 25th, 2008 at 9:57 am and is filed under Buying and Selling Advice. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.