How To Increase The Value Of Your Framingham Ma Home In 2016
There is a big difference between taking steps to make your Framingham home more saleable and helping to create buyer emotional appeal vs actually creating more value so your home can sell at a higher saleprice. Adding granite countertops, new stainless steel appliances, and ceramic tile flooring to a kitchen are renovations that will actually do both, but also increase the value and saleability of your home. New paint make a home more saleable but does not increase the value. Anew roof and fixing a septic system to make it operate coreectly are things that make the home more saleable and buyers expect this to be taken care of. If a roof is 5-10 years old, it does not have to be fixed unless it was damged. Most roof shigles will last for at least 20 years. Remodeling the bathrooms will definately increase your value and also make the home more saleable.
Your Framingham home's condition has to be evaluated to see what repairs make sense to do , and will you get that money back or is it worth doing the fixup for buyer emotional appeal or saleability. You need to know what needs work by having an experienced and well reviewed general contractor, that does great work. You should always get 3 bids on all work done. If not one contractor may jack up the price on the work, and without having other bids it may seem like a fair price to you.
If you currently have a driveway and no garage, adding a 2 car garage will increase the value of your home. It may not be needed if you have a long driveway, but if not could be a beneficial move to make. Refinishing hardwoods make the home pop and seem a lot newer then it may be. It doesnt necessarily increase your homes value, but it sure will help to increase buyer emotional appeal to buy the home.
When it comes to increasing your Framingham home's value, there a lot of factors to consider. Why am I selling, what do i need to get out of the sale of the home , and am I using the equity from this home to buy my next home. (just to name a few) If you don't have tons of extra money to out into your home, it can be sold in any condition to a builder, who will buy it for the land and location. A rehabber will buy it cheaper for the home and fix it up and resell it for a profit. You need to make sure that your needs can be met by lining up with the costs. If your not going to make much money on the resale, it may not make much sense to do any major renovations. It may make sense , in this case, to just do the minor fixes like paint and refinish flooring that makes the home more saleable to buyers on the market.
How To Increase The Value Of Your Framingham Home In 2016