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Renovations-Cost vs Value

When it comes time to sell your home, you want the sale to take place as quickly as possible. To that end, sometimes adding a few little perks or making a few changes prior to selling is the order of the day.

Do renovations bring in the amount that you spend on them in added value or added price for the home? Surprisingly, in most cases they actually do according to reports.

Some of the renovations that can make your home sell far more rapidly include two big ones, the kitchen and the bathroom. Simple additions to those rooms can inflate the price of your home dramatically.

In the kitchen, just refacing your cabinets alone and adding carpet or tile to the floor can raise the value of your home about 5 thousand dollars or more. The expenditure would typically be about one thousand to accomplish that refacing. The value that you get from that expenditure is about five times what you spent, meaning that in the value vs cost, the value would win out hands down.

College Station real estate is selling far better than it has been in the past few years. The real estate market is rebounding, fortunately so that homes are selling better than ever before. The issue is that the homes with real curb appeal and real value are the ones that are selling rapidly. That hasn’t changed in the  years since the real estate bubble burst in the US.

Renovation can be the answer to giving your home the kind of appeal that it needs in order to sell your College Station real estate. Getting your kitchen or your bathroom in order may be just what you need to sell the home more quickly and to give you a higher price for your home than it may have currently been given.

Typically the value of the real estate rises about 3-4 K for every thousand that you put into it. This of course depends on your doing the right thing with the money that you’re investing in your home. The best options for you to update and fix are the entry way, the bath and the kitchen. In many cases these rooms are the ones that will sell your home most quickly.

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