Expert Ways to Increase Home Value
With housing prices at recent highs, it’s a great time to sell; and still-low interest rates also make it a good time to buy a home. Findings from a new, exclusive survey of more than 300 licensed residential real estate agents by the Consumer Reports National Research Center point to certain factors, such as smart pre-sale fix-ups and negotiable agent fees, that can financially benefit both sellers and buyers.
Fifty-three percent of real estate pros surveyed by Consumer Reports says the kitchen is among the most important rooms of the home to have in good shape before selling. Forty-two percent also says the same about bathrooms.”
“You don’t have to spend a ton of money to increase the value of your home," says Dan DiClerico, senior editor for Consumer Reports. “Some simple, inexpensive fixes throughout the house can make it more appealing to potential buyers.”
Here are some other highlights from CR’s survey:
Money-Wasting Home-Sale Mistakes
Here are some seller slip-ups to avoid:
The full report, “How to Make Your Home More Valuable,” can be found at ConsumerReports.org.