Do You Know How to Boost Your Home Value?
Consumer Reports, March 2016, published an article on “8 Ways to Boost Your Home’s Value”, based on their survey of 1,573 millennials. Millennials & downsizing baby boomers are the next wave of buyers. Sellers should take note of what they are looking for in a home:
- A modern kitchen topped the list. Consider adding new stainless steel appliances, quartz countertops, updating cabinets and hardware. Potential bump in sale price 3-7%
- Open floor plan w/flexible living space. Consider finishing the basement, carving out space for an office, creating an in-law apartment. Potential bump: 4-6%
- Energy efficiency. Consider energy star rated windows, LED lights, efficient water heaters. Potential bump: 1-3%
- Stress-free living. Consider updating aging systems, new roof, adding hardwood floors. Potential bump: 3-5%
- Have a home for “the ages”. First floor master, walk-in shower, comfort height toilets. Potential bump: 1-2%
- Low maintenance outdoor spaces. Avoid overly lush landscaping. Potential bump: 3-5%.
Contact me if you’d like a copy of the full article so you can make informed decisions on your next home improvement projects. Donna Forest 603-526-4116, Donna@donnaforest.com, www.DonnaForest.com