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Friday, December 15, 2006

10 Cheap Home Value Boosters

With all the rehab I've done, I think I have a pretty good idea of what fixes you should make to a house to get it to sell quicker and for a higher price. However, just to show you can never know everything about a subject, an article on MSN taught me a few new tricks. Some things I didn't know:

Tip #2: I normally replace the appliances in my houses, but if the existing ones are still in good shape except for cosmetics, I didn't know you could just flip the panels over.

Tip #5: Add a closet to a den to make it another bedroom. This is an interesting one. It adds another bedroom, but it decreases the bathroom-to-bedroom ratio. I wouldn't want to turn a 3 bed, 1 bath into a 4 bed, 1 bath, but turning a 3/2 into a 4/2 might be worthwhile.

The other stuff they list is pretty much standard info.

2 comments:

Anonymous said...

Hey Shaun,

I notice you live in Chandler AZ. I live right next door in Gilbert. I am a full time stock and real estate investor. It would be nice if we could trade ideas. Drop me a line at ronleases@yahoo.com.

Later

Ron

Anonymous said...

I was just recently reminded by a long-time investor that kitchens and bathrooms sell a home. Everything else should be secondary, he said. Actually, I'm going to start looking for houses that aren't selling (expired listings or houses that have been on the market for a long time) and look at the kitchens and bathrooms to see what can be done for the right price.

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