Posts Tagged ‘Which Improvements Give the Best ROI’

How to Add Value to Your Property for a Quick Sale

Friday, March 30th, 2018
Quick sale

Consider doing whatever is necessary to enhance your home’s positives for a quick sale, like a fresh coat of neutral paint, for example.

Everyone hopes for a quick sale when they put their home on the market. And a quick sale is more of a possibility when you put some time and money into improvements before you list. Here’s how you can get the most out of your home.

Improvements That Will Increase Your Home’s Value for a Quick Sale

I’m not recommending that you go all out and start knocking down walls to create an open floor plan. I am, however, recommending that you consider doing whatever is necessary to enhance your home’s positives for a quick sale, like a fresh coat of neutral paint. It isn’t wise to invest more than you can honestly afford to spend on improvements. And if the ROI won’t happen in the price of your home, it isn’t worth it. Visit NAR’s Remodeling Impact Report to help you decide which improvement projects you should take on for a quick sale.

To Increase Your Home’s Value by:

30 Percent

  1. Convert your basement
  2. Split up your home into flats or apartments

15 Percent

  1. Add onto or extend your home’s living space
  2. Convert your loft
  3. Add central heating and/or air conditioning
  4. Go green with solar energy

10 Percent

  1. Boost your curb appeal
  2. Create off-street parking
  3. Add more insulation in the loft
  4. Make easy upgrades around the house
  5. Restore or refine your home’s character
  6. Keep and enhance period features
  7. Rewire your home

3 to 5 Percent

  1. Add a conservatory
  2. Add a garden room
  3. Update a bathroom
  4. Remove internal walls to create an open floor plan
  5. Fix structural defects (even if it’s just a bunch of small repairs, like tightening a handrail or replacing a broken tile, for example)
  6. Add double-paned windows
  7. Make room for natural light

1 to 3 Percent

  1. Add a feature to your garden
  2. Give your rooms a makeover with paint and/or new pillows, bedspreads, linens, …
  3. Improve air quality

Are you hoping for a quick sale? Do you need help deciding which home improvements will yield the best ROI (return on investment)? Avoid making costly improvements that won’t bring you the best ROI. Choose to work with Charles D’Alessandro. He’s got over 30 years of experience in the Brooklyn real estate market to help you sell your home for the best price. Call him at (718) 253-9600 ext. 206 or email [email protected] today.


Charles D’Alessandro

Your Brooklyn Real Estate Agent with Fillmore Real Estate

718-253-9600 ext. 206

[email protected]

Top Improvements that will Help Your Home Sell Quickly

Thursday, November 30th, 2017
Home sell quickly

Want to know what improvements and upgrades will help your home sell quickly?

It never fails. Those selling their homes always ask, “What improvements or upgrades will increase the value of our home and help our home sell quickly, Charles?” To which I answer, “Improvements or upgrades that increase storage and maintain your home’s unique features.”

And according to the pros, there are eight.

8 Improvements or Upgrades that will Help Your Home Sell Quickly

  1. Kitchen Updates

An updated kitchen can sell a home quickly, and today’s buyers favor simple in the kitchen. Simple backsplashes like subway tile and subdued colors will help a home sell quickly. Consider painting your cabinets with a subdued color. The installation of inexpensive stainless steel appliances will update your kitchen like new in a snap. Buyers appreciate a modernized kitchen.

  1. Bathroom Upgrades

Replace your vanity. Change your shower/tub insert into a free-standing claw-foot tub. Consider a trendy frameless shower door and free-standing sink. Even a fresh coat of paint, new hardware, and re-glazing and re-caulking the tub will upgrade your bathroom to help your home sell quickly.

  1. Lots of Storage

Built-in bookshelves used to be home decorating no-nos. But today’s buyers are looking for practicality and charm. Built-in bookshelves, window seats with storage, closets with extra shelves, hooks, and rods are hot items and will help your home sell quickly. Buyers are looking for a place for everything so they can put everything in its place.

  1. Paint

A fresh coat of paint works wonders and “covers a multitude of sins.” Besides, the average person isn’t well-versed in the latest color trends anyway. All you need is a fresh coat of neutral, light, and bright paint throughout your home.

  1. Flooring Upgrades

Hardwood flooring (or flooring that looks like hardwood such as ceramic wood planks) transforms a home as well as a fresh coat of paint. It’s so much easier to clean and is extremely aesthetically pleasing to the eye.

  1. Improvements to Your Home’s Curb Appeal

Manicuring your landscape is a simple upgrade that comes with a big return on investment. Depending on the time of year, make sure your lawn is in great shape. Trim bushes and low-hanging branches, plant flowers or native plants, or place potted flowers around the front door. Add new mulch. Improving your home’s curb appeal works as many wonders as a fresh coat of paint throughout your home.

  1. Room Conversions or New Additions

Buyers are looking for heated and cooled square footage in a home. If you want to boost your sale price and score major brownie points, consider converting your garage, attic, or screened-in porch into heated and cooled square footage. You might even want to build a new addition. Buyers are looking for the most house for their money.

  1. Your Home’s Uniqueness

If your home has historical value, maintain its authenticity and integrity. Upgrade or improve your home with projects such as restoring original window casements and hardware.

These improvements and upgrades are guaranteed to pay off when your home is sold. And they will certainly help your home sell quickly.

Call Charles D’Alessandro for more information on improvements and upgrades that will help your home sell quickly. He has 30+ years of real estate experience, and he knows what it takes to sell your Brooklyn home quickly. Contact Charles D’Alessandro, your Brooklyn real estate agent with Fillmore Real Estate, at (718) 253-9700 ext. 206 today or click here now.


Charles D’Alessandro

Your Brooklyn Real Estate Agent with Fillmore Real Estate

718-253-9600 ext. 206

[email protected]

10 Smart Home Improvement Projects For Your Brooklyn Home

Wednesday, July 15th, 2015
home improvement projects

Smart home improvement projects that will add value to your home

You’ve decided. It’s a great time to sell, and you’re going to list your Brooklyn home. You know your home could use a few upgrades, but which home improvement projects will add value to your Brooklyn home? Which home improvement projects will make your home appealing to buyers? Be a smart seller. Use one or all 10 of these home improvement projects to add value and appeal to your home. Best Home Improvements

Home Improvement Projects #1 – Create Open Space In Your Home

Create spaciousness and a sense of flow in your home. Homebuyers respond well to open floor plans. So go ahead. Take down that non-structural wall between the kitchen and the living room. Create a big space that allows people to be together.

Links to help you get it done

Home Improvement Projects #2 – Landscape Your Yard

Landscaping could make a significant difference in the price of your home. It is one of the top three smart home improvements that bring the biggest return on investment. It could very well be the most important home improvement investment a seller can make. According to a survey conducted by HomeGain, an investment in landscaping can bring a return of four times what you investment in it originally.

Links to help you get it done

Home Improvement Projects #3 – Let The Sun Shine Into Your Home

Enhance your home’s appeal to buyers with light and lots of it.

  • Create moods with dimmer switches
  • Add warmth to empty spaces with soft lighting
  • Make small spaces appear larger with high wattage bulbs
  • Fix broken panes
  • Make certain each window opens and closes
  • Add motion-sensor lights that turn themselves off

Links to help you get it done

Home Improvement Projects #4 – Address Home Repairs and Maintenance Now

  • How’s the insulation in the attic?
  • Does your home need plumbing leaks repaired?
  • Are the rain gutters rusty and bent?
  • Have you had the furnace and septic system inspected lately?
  • Do your windows need to be replaced or repaired for leaks?
  • What kind of shape are your storm doors in? Do you even have storm doors?
  • Has the flower garden been weeded?

Investing in home repairs and maintenance is smart, because it could be crucial to the sale of your home. Homes that get buyer attention are in tip top shape. Address basic home repairs and maintenance now before investing in that kitchen upgrade. These simple home improvement projects don’t cost much, but they add a lot of value. Two or three hundred dollars invested here could add a few thousand dollars’ worth of value to your home.

Links to help you get it done

Home Improvement Projects #5 – Go Green To Save Green

Buyers ask about the cost of utilities. If you’ve invested in and taken care of the home repairs and maintenance in #4, it’s time to think about investing in green efficiency. It’s been reported that energy savings add twenty times their yearly savings to the value of your home. For example, investing in new heating or air conditioning systems can save up to 30 and 40% of what your old systems are costing each month. You could invest around $7,000 in a solar-powered water heater, get back $2,100 in green tax credits and save as much as 80% on your water-heating bills!

Links to help you get it done

Home Improvement Projects #6 – Welcome People To Your Home With Impressive Curb Appeal

There’s power in your front door, and you have eight seconds to use it. You’ve got eight seconds to impress potential buyers with the curb appeal of your front door or porch. Make sure your porch has an awning or overhang to protect you from the weather while you’re fumbling for the key to your front door. Then, step back onto the sidewalk in front of your house and look at your front door through a buyer’s eyes. Or take a picture of the front of your house. See anything that needs to be repaired or enhanced? What would it look like with a flower box or two?

But don’t forget about the curb appeal of your back yard. A deck, even a small one, will add value to your home in the buyer’s eyes. You’ll get back dollar for dollar with the deck you put in as long as the right material is used.

Links to help you get it done

Home Improvement Projects #7 – Spend Some Money On Your Floors

It doesn’t have to cost a lot of money, but 94% of real estate pros recommend spending some money on flooring. To give you an idea, investing an average of $600 to $900 on flooring could bring an estimated $2,000 in value to your home.

Fix those creaking boards, too. Well-placed nails, repairing broken tile, patching damaged floor boards and getting rid of wall-to-wall carpeting doesn’t cost much for the huge impact it can make on potential buyers.

FYI, homes with a mixture of flooring – carpet, tile and hardwood, are appealing to today’s home buyer. Waterproof flooring at each entrance is smart flooring upgrade.

Links to help you get it done

Home Improvement Projects #8 – Spiffy Up The Kitchen And The Bathroom

Adding value to your home is a sure bet when you spiffy up the kitchen and bath. Ask any broker. They’ll tell you the condition of the kitchen is tops with buyers. The condition of the bathroom is a close second.

Most kitchen and bath upgrades are costly. You may not want to invest as much as an upgrade could take since you want to list your home right away. However, some bathroom upgrades may only cost about $500 to take a bathroom from “ugh” to “AWESOME!” Consider these spiffy upgrades:

  • Replace clear glass with frosted glass
  • Clean the grout
  • Remove rust stains
  • Apply fresh caulk
  • Update doorknobs and cabinet pulls
  • Replace faucets
  • Install a low-flush toilet
  • Buy a new toilet seat

Links to help you get it done

Home Improvement Projects #9 – Paint Neutral Colors On Your Walls

Since you’re listing your home, walk through your home and look for chipped paint. If you find any chips, pull out the plaster and paint and take care of it now. If more than touch ups are needed, go with neutral paint colors on your walls. Potential buyers want to see themselves in your home. Neutral paint on those walls will help them be able to do this a little easier.

Links to help you get it done

Home Improvement Projects #10 – Fix It Or Remove It From Your Home

If anything causes a potential buyer to ask, “What’s that,” fix it or remove it, and do so before they ask. Things like 1980’s wallpaper, a broken front step, a cracked threshold, pink and grey vinyl flooring are huge deterrents to potential home buyers. If you need help, ask a friend for their impartial advice on what needs to be fixed or removed. Then, get it fixed or removed pronto.

Links to help you get it done

Bonus – Get The Help Of A Trusted Professional

Get the help of real estate agent Charles D’Alessandro. It’s a sellers’ market, but you need his experience to get your home sold quickly. He is active in the Brooklyn real estate market and has handled many transactions. He is familiar with terms and conditions of individual home sales beyond the prices published for those home sales. He knows how to market Brooklyn homes, negotiate and close transactions. He can provide all the assistance you need in listing your home and for the best price. Call him today.

Links to help you get your home sold

Source:

http://www.thisoldhouse.com/toh/photos/0,,20247552,00.html