Joseph Talbot, Real Estate Broker - HOME IMPROVEMENTS THAT IMPROVE VALUES

CHAPTER 13 Tips for Increasing Your Home our Home's Value Via Improvements ements $99 AND BELOW IDEAS Get a professional perspective. Engage a real estate agent, home stager, or interior designer to examine your home with an eye to improving sale value. Many real estate agents will do this as a courtesy, but an interior designer will likely require a consultation fee. Check with area designers; the hourly fee is normally less than $100. In that time, they can give ideas for necessary or desirable improvements. Even minor improvements, such as paint colours or furniture placement, can go a long way toward improving the salability of your home. Inspect it first. Not all home improvement projects are cosmetic. They may be less obvious than red brocade 1970s wallpaper, but a deteriorating roof, termite infestation, dry rot or outdated electrical or plumbing systems can play a significant role in your house sale. While a new roof will not add appreciably to market value, a dilapidated roof can quickly squelch the deal. At the very least, buyers could ask for a price reduction to cover the cost, and they may worry you have not maintained other parts of the home either. Of course, you can't fix it if you don't know it's broken, so hire an inspector to check out the areas of your home that you do not normally see. An inspection can alert you to unseen issues that could negatively impact the value of your home. Small problems, like minor water leaks, can quickly become big, expensive problems. The longer you delay repairs, the more expensive those repairs 88

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