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Your Lake Forest Park Property and Home Improvements - Increasing the Value

By
Managing Real Estate Broker with 206 909-7536 AdrianWillanger-broker.com 17900

If you want to increase the value of your Lake Forest Park property through home improvements there are a few things that you should learn about first. A lot of people think that the money they put into home improvements will return dollar for dollar when their house is put up for sale. This is not necessarily true, however, because some types of improvements will give you a better return on your investment than others. 

If you put $15,000 into in addition, you're not going to see that amount back when your Lake Forest Park house is put on the market and sold, in most cases. As an example, in 2008 you could expect to see 67.3 cents back for every dollar spent. 

Looking at it from another viewpoint, if you plan on occupying the house for another 5 to 10 years before selling it, you will be able to enjoy the improvements made to the house while you are still there. This gives you the double benefit of knowing that an investment has been made and being able to enjoy the investment. 

Bathroom remodeling

For a faster sale a bathroom should be sparkling clean when it is put on the market. The value of your Lake Forest Park property will go down if the bathroom looks dirty at all. Even old rust stains and a small amount of mold will turn off the majority of buyers.

Kitchen renovations

Kitchen remodeling will usually pay off with a 75% return on the amount invested. Many people consider the kitchen to be the focal point of the whole house and serious consideration is given to that room when a buyer looks at the home. Whether it be new flooring, a set of cabinets or a fresh coat of paint, you can't go wrong with renovating your kitchen.

Greening it up 

Adding better insulation or using more natural sources of energy adds a lot of value to the home. New windows and doors that conserve heat and cool air will add a better price to your Lake Forest Park property while at the same time lowering energy costs while you are still there. 

These are the types of home improvements that will give you the best return on the money spent. You can increase the value of your Lake Forest Park property by doing home improvements that have stood the test of time and have been proven to pay back better than others when the house is put up for sale.

Any questions regarding real estate strategies and home preparation contact Adrian Willanger 206 909-7536, Windermere Real Estate Company.

 

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Adrian specializes in green home marketing utilizing traditional and social media marketing to create the widest exposure of your property.

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