Invest in Cost Effective Curb Appeal Home Upgrades

Remodeling magazine’s 2012-13 Cost vs. Value report, which measures how much of the costs of remodeling projects are recouped in a home’s resale value, showed that exterior replacement projects are the most valuable upgrades for homeowners. These types of home improvement jobs accounted for six of the top 10 most cost-effective midrange projects and eight of the top 10 upscale projects.

– Steel entry door replacement
– Wood/composite deck addition
– Garage door replacement
– Wood/vinyl window replacement
– Fiber cement/vinyl siding replacement

Additionally, many experts may tell you that major projects, such as a kitchen or master bedroom remodel, are great ways to add value to your home. But the reality is that, although they do add value, much of the cost of such renovations is oftentimes not recouped in the sales price. On the other hand, Remodelingmagazine’s annual Cost vs. Value report shows that small-to-mid scale projects, namely maintenance, repair and replacement jobs, have proven very cost effective for homeowners.

Invest in a Home alarm system

Installing a quality home alarm system is one of the best ways to increase your home’s value. In a country where a burglary is committed every 15 seconds, it’s no surprise homeowners have come to place a high premium on home security.

Of course, the actual value it adds will vary depending on your geographic location, the type of system you install and other factors. Generally, up-to-date professionally monitored wireless systems with comprehensive protection will add more value than traditional, hard-wired systems.

Nowadays, you’ll find that high-quality wireless systems are affordable for most homeowners. For example, ADT is currently offering monitored protection for around just $9 per week. Take a look athttp://www.securitychoice.com/ if you’re interested in finding out more.

Create Curb Appeal

You know what they say, “first impressions last forever.” This age-old adage has plenty of merit when it comes to real estate. Since your front yard will make the first impression on a potential home buyer, it’s essential that it’s a good one. Keep your lawn well-maintained, shrubs/hedges trimmed and sidewalks/driveway clean. Additionally, make sure flower beds are filled with vibrant, colorful plants and not overrun with weeds. A beautiful front yard is the essential first step in reeling in a potential buyer, so make sure your first impression is a good one.

Related Article: Should I Invest in the Market or Pay Off Bills?

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