R.O.I.: RETURN ON IMPROVEMENT IN COSTA MESA CALIFORNIA REAL ESTATE
If you plan to remodel or update before selling your home, you have to find the balance between what's appropriate and what qualifies as over-improvement. If you're in a mid-range neighborhood and install granite countertops, you're unlikely to recoup your costs. But if you're in a higher-end community, laminate may be too little, too late, resulting in a lower sales price.
So what will always work? Painting, inside or out, is one of the most affordable ways to increase your resale value. If you've got wood floors underneath carpeting, show them off. Old light fixtures in the kitchen, bath and hallways should be updated to popular styles with stainless steel or brushed nickel finishes. And be sure to make a good first impression outdoors with a maintained yard and perhaps a new mailbox, doorknobs and house numbers.
Before you plan your updates, visit some open houses or new home communities where you can see the latest styles, and update your home's features accordingly. Just remember to keep your improvements clean, neutral and timeless.
Try not to be the last one on your block to remodel or update, because buyers will pass your listing over for one up the road that's already been updated. Improve your chances for a quicker sale at a higher price by discussing with your agent which improvements provide the greatest return.
Ask about our programs: Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month! Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid. Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market. Lic #00573423 (714) 241-4532 1525 Mesa Verde Drive East Costa Mesa, CA 92626-5221
No comments:
Post a Comment