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.
Friday, December 15, 2006
10 Cheap Home Value Boosters
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2 comments:
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
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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