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Increasing The Value of Your Property

The biggest factor determining the value of your property is the market for homes in your area. However, other factors that you can control are also important. For example, specific home improvements can increase the value above the cost of the improvements. According to Remodeling magazine’s 2005 “Cost vs. Value” Report”  remodeling report, a mid-scale remodeled bathroom returns 102% to the owner after four years, an upscale bathroom addition provides 85.8%, and a mid-range master bedroom suite, 82.4%. Flashy remodeling projects rarely pay off, but if one area of the house is out of date or in bad condition, you will probably need to remodel it to get the best price for your home. The numbers have been increasing in recent years as real estate prices have increased.  Remember, quality pays. Well-planned and well-executed remodeling jobs are a good investment while bad work seldom enhances value or livability.

Sellers: How to make your house irresistible

The longer your house sits on the market, the less cash it commands. To maximize your profits, use these expert tricks.

5 easy fixes to make your home more inviting

• Place a box of chocolates and a water pitcher with lemon slices in the kitchen.
• Hide pet toys, bowls and litter boxes.
• Heat an apple pie in the oven. Studies show that the smell of baked goods makes people nostalgic for childhood.
• Light candles in every room to create a glow.
• Put away toilet brushes, plungers, sponges, toothbrushes and medications. Read the rest of this entry »
  

Selling Your House Quick & Cheap

Selling a house quick and cheap

Companies that promise to buy homes for cash will do it, but their lowball offers probably will appeal only to desperate sellers.

Q: Our house has been on the market for nearly eight months. I recently transferred jobs to another city, and we desperately need to sell because we are now paying two mortgages. Should we relent and turn to one of those “buy your house for cash” operations? How do these businesses operate, and how much do they typically pay? Read the rest of this entry »