Remodeling for ROI
Posted on March 15, 2014
Is your tax refund starting to burn a tiny hole in your pocket? If you have not figured out the best way to use this extra cash, have you considered home improvement? It is likely your home is one of your most precious investments, so why not keep it that way? Whether you are trying to sell or trying to rent, it is important to educate yourself on the tiny projects that could make a huge difference on your return.
The 2014 Cost vs. Value Report, an annual study conducted by a remodeling magazine and realtor magazine, breaks down the cost of remodeling projects and their projected return on investment. In summary, the best bet when it comes to revamping your home is focusing on the exterior. It may sound a little intimidating, but there are some relatively cost effective ways to guarantee your home creates a positive, lasting impression. For example, consider replacing your front door or even applying a fresh coat of paint will work wonders for your curb appeal. Additionally, replacing windows will not only make a difference in your homeâ€™s appearance, but its efficiency, definitely a great selling point to keep in mind. Your home may not require a massive overhaul, but even some basic lawn maintenance will go a long way in keeping your home current.
For more tips, contact our Gulf Coast property management team today.
Blog Northwest Florida, Residential Leasing