On
Thursday, Bloomberg’s online news service confirmed what we had been hearing in
more general terms: “Sales of previously owned U.S. homes climbed more than
forecast in May…and prices jumped, indicating more progress for residential
real estate.” Agents here in Evansville would also not have been surprised
at the national surge in selling prices “by the most since October 2005”.
If you were already inclined to sell your own home, it looks more and more as if this
summer will be a propitious time to jump on the opportunity.
As
real estate agents gear up to maximize the market’s improvement, homeowners are
also weighing some of the more popular alternatives for boosting valuations
when it comes to selling —
·
Prospective homebuyers are
increasingly energy savvy, so when new appliances need to be updated prior to
sale, the more energy-efficient they are, the more worth highlighting they will
be. Real estate agents know how to emphasize a property’s ‘green’
attributes.
·
If you have an attic or a
basement that is currently serving little purpose, conversion can pay off.
Basements are often the more affordable option since they call for little
structural remodelling. Conversions can be into a games room, office, or
utility area. Attics are often best converted to bedrooms or office space (or
at least staged to suggest the possibility).
·
In Evansville, real estate agents love
to offer properties with decks — especially in the summertime. If you are prepared to engage in a little
DIY, adding a deck can be among the most cost-effective of improvements.
According to HGTV, the cost of a professionally built deck starts at about $15
per square foot, with more elaborate installations featuring costly hardwoods
or composite materials running closer to $35.
Even
if you do not intend to sell, a little extra money invested in your home may be
a dollar-wise idea. Thoughtful investments can enrich your own living
experience AND attract higher prices when the time comes to move on. If
you’re looking for a real estate agent in Evansville, call me today to go over
other improvement ideas. You can reach me on my cell phone 812-499-9234 or Rolando@RolandoTrentini.com