Thinking of refinancing or selling your home in Encinitas? You may want to institute some of these home improvements before you refi or sell your home.
Most home improvements will not equate to a 1-to-1 return on investment even when you are looking to sell almost immediately. If you are looking to refinance or sell your home it may be necessary to have certain certain areas or rooms remodeled or have additions made to attract buyers or to get a higher appraisal value.
Home Improvements for Refinancing
Different types of home improvements will help to increase the value of your home on appraisal. Most of these improvements are those that are more cosmetic in nature and can include:
- Interior and Exterior Painting
- Additions to the Size of Rooms or the Lot
- Expanded Use of Room Space
As these improvements are going to be made so that you can increase value on a home you intend to live in for some time, make sure that they are additions that you want and that will benefit you, not just done to increase value.
Improvements for Selling
The “big-ticket” items that can influence buyers and give you the biggest bang for your buck when you are selling your home are additions and expansions to the bedroom and bathroom for example. Some of the projects that will give you the biggest return on investment include:
- Exterior Siding Replacement
- Entry Door Replacement
- Kitchen Rem
If you are considering these home improvements to sell your home in Encinitas, consult with an Encinitas real estate agent on which improvements may be best for your home.