Make your home improvement worth it
As homeowners look to spruce up their homes, residential experts at the New Eastside’s Urban Real Estate find that the easiest repairs can have the greatest impact. Whether you are considering selling or not, maintaining your home’s value is key to your own asset, as well as to keeping your home beautiful.
“Routine repairs can be golden,” explains Chris Vernald, a partner with Urban who works with investors and residents looking to rehab properties and guides their improvement efforts. “Owners often overlook the simplest maintenance. Settling marks, cracking in paint and discoloration from a leak are all easy repairs that should come first.”
The kitchen is key to a buyer shopping for a new home. “Many condos have galley kitchens with walls that can easily be opened. A seller looking to list their home should consider taking down a wall and removing a few cabinets. It takes the guesswork out of what a home might look like, and makes a condo more valuable,” Chris notes.
“Removing drywall and creating an open space is more affordable than most realize. If your cabinets are older, don’t swap out cabinets. Simply change the hardware, hinges and add a fresh coat of paint, and your kitchen can look incredible.”
Carpet, another hot topic Urban’s brokers are asked about, is a perfect component to negotiate smartly in a sale. “If you are removing carpet to put in hardwood floors for your own enjoyment, do it,” Chris advises. “However, if you are looking to sell, get your carpet cleaned, then let your broker price your home with a potential credit for flooring. This way, you maintain your value and leave the flooring out of pricing, but as a credit to the buyer.”
For more on this and other improvement tips from Chris, visit his blog at UrbanRealEstate.com and look for Chris Vernald Talks Home Improvement.