Increasing Your Real Estate Value - Greene County VA
When considering home improvement projects to increase the value of your home make sure your making the right choices. Not all improvement add value. Not all home improvements are equal.
New exterior Siding vs. New windows
According to a study by remodeling magazine replacing your exterior siding can actually recoup up to 92% of its cost. New siding on a home is like giving your house a face lift. A brand new fresh look. New fancy windows on the other hand don't have buyers reaching into to their wallets. This is not an improvements buyers are willing to pay a premium for. The National Association of Realtors reports an $8,000 to $12,000 window upgrade can return 36% to 53% of its cost. Today's home buyers are looking for ways to conserve energy. If you instead chose to spend $1,300 on caulking and insulation you can expect to recoup 70% return on your investment when selling your home.
Roof replacement vs. New plumbing
No new bathroom, new kitchen r new pain will make up for the fact that the roof is leaking. Replacing your roof not only increases your real estate
value but will actually help you sell your home. You can expect to recoup 80% of your investment on this home improvement. New plumbing - if they aren't broke, don't fix them! These invisible items are seriously important to you as a homeowner. However upgrades are costly. Buyer won't pay more fr a fancier model. It's unfortunate but true.
When your thinking about home improvements consider those improvements that will increase your real estate value in Greene county the most.
Your real estate value report will include the following
Recent home sales that compare to your home
What your home is likely to appraise for
Average sales prices
Average price per square foot
Detailed market information specific to your area
Pricing strategies and statistics
Current Inventory
Average days on market
- Get your Greene county real estate value report online
Contact Greene County residential real estate listing specialist Sherry Hayward
(434) 515-1592
(703) 655-2223
shaywardkw@gmail.com
www.charlottesvillehomesandfarms.com
www.cvillehomesforsale.com
According to a study by remodeling magazine replacing your exterior siding can actually recoup up to 92% of its cost. New siding on a home is like giving your house a face lift. A brand new fresh look. New fancy windows on the other hand don't have buyers reaching into to their wallets. This is not an improvements buyers are willing to pay a premium for. The National Association of Realtors reports an $8,000 to $12,000 window upgrade can return 36% to 53% of its cost. Today's home buyers are looking for ways to conserve energy. If you instead chose to spend $1,300 on caulking and insulation you can expect to recoup 70% return on your investment when selling your home.
value but will actually help you sell your home. You can expect to recoup 80% of your investment on this home improvement. New plumbing - if they aren't broke, don't fix them! These invisible items are seriously important to you as a homeowner. However upgrades are costly. Buyer won't pay more fr a fancier model. It's unfortunate but true.