Five Tips for Remodeling to Sell Your Home
In a competitive real estate market, it can be a good idea to remodel your home to make it more attractive to prospective buyers. Before starting a remodeling project, consider these five tips to help spend your dollars wisely and get the best results on your home remodel.
Hire a professional remodeler.
When remodeling, hire a professional. Using an experienced home remodeler will make the job smoother and produce better results. Check their qualifications, ask if they are a member of NAHB Remodelers or another association, and follow the advice on hiring a professional available at www.nahb.org/remodel.
Improve curb appeal.
Making a positive first impression helps to sell the home. Data from Remodeling Magazine’s 2009 Cost Vs. Value report shows that exterior remodels are cost effective and have a high return on home value. For example, installing a steel entry door can return 129% of the cost! Also consider, refreshing the home’s landscaping with new plants and a path to the door. Have the house painted or update the siding. Inspect the roof and repair unsightly holes or broken shingles.
Improve energy efficiency.
According to a McGraw Hill Construction study1, energy efficiency improvements can halve utility bills. Ninety percent of green home buyers said they wanted lower utilities, maintenance, and overall operating costs. A home remodeler can help to reduce energy waste by sealing gaps, replacing windows and doors, adding insulation, and upgrading appliances to ENERGY STAR®-rated products. These investments can return money with lower utility bills, especially when paired with the Federal energy-efficiency tax credit (more information at www.nahb.org/efficiencytaxcredit).
Modernize the kitchen.
Homeowners concentrate on kitchens because it’s the room where they spend the most time with family and entertaining guests. You may be tempted to go overboard with large remodels and high-end appliances, but trend monitors note that simple may be best when remodeling a kitchen for a home going on sale. Consider opening up the space for better maneuvering, updating with new cabinets, and using colors that appeal to popular tastes. According to the Cost Vs. Value report, a minor kitchen remodel that replaces cabinet fronts, updates fixture hardware, repaints and installs energy-efficient appliances can return 78% of the costs.
Update the bathroom.
Home buyers are always interested in bathrooms. Small details can go a long way in making the bathroom more attractive and comfortable. Installing new tile, cabinets, and fixtures can give the bathroom a better, clean look. The Cost Vs. Value report shows that a mid-range bathroom remodel can recoup 71% of the expense.
ABOUT NAHB REMODELERS:
NAHB Remodelers is America’s home for professional remodelers, representing more than 20,000 remodeling industry members of the National Association of Home Builders (NAHB). Founded in 1982, the organization provides information, education and designation programs to improve the business and construction expertise of its members and to enhance the professional image of the industry. Its membership incorporates 145 local councils in 43 states. Learn more about remodeling at www.nahb.org/remodel.
CGP - Certified Green Professional
CGB - Certified Graduate Builder
RRP - Certified Lead Paint Renovator
CAPS - Certified Aging in Place Specialist
2012 NAHB State Representative, Colorado
2012 NAHB Design Committee, Chair
2013 NAHB Public Affairs Committee, CHair
2013 NAHB Education Committee, Member
Scott Homes, Ltd., Designers & Builders
RE/MAX Performance, Colorado - Broker
Wildfire Balloon Team, Pilot
NAHB Senior Life Director
Colorado Springs HBA Member since 1985
BBB- Better Business Bureau Member since 1991
Call today for additional information regarding any home building question. Our depth of experience is matched by our willingness to carefully listen to your home building questions.(719) 687-6083