Homes of Distinction Realty



Posted by Homes of Distinction Realty on 6/13/2019

Boosting the value of your home doesn’t have to require huge renovation projects, thousands of dollars, and months of planning. Making small, tactful home improvements can do the trick just as well.

The key to making desirable home improvements is to follow well-established building and design principles. Don’t worry about the latest trends or trying to reinvent the wheel.

In this post, we’ll tell you how to do just that so your home can be market ready in no time. Here are the top ten improvements for your home that cost $100 or less.

1. Add fixtures to the most outdated room of your home

Most people tend to renovate their homes one room at a time. If you have that one room that’s keeping your home in the past, bring it up to speed by replacing the fixtures; whether that’s a new faucet, doorknobs, or other hardware.

2. Shine the light on your hard work

A dark room feels smaller, older, and less put together. Abundant lighting is an excellent way to make your home feel larger and more welcoming.

3. Paint the front door and mailbox

It’s all about curb appeal. Refresh the outside of your home by putting a fresh coat of paint on your front door and mailbox. Bright, bold colors are sure to help your home stand apart from the neighbors while still fitting in.

4. Powerwash exterior surfaces

For $50 you can rent a pressure washer and clean up your vinyl siding, decks, walkways, and driveways. That’s a lot of value and square footage for a small investment.

5. Buy a “luxury shower head”

You can find spa-style shower heads on Amazon for less than $40 that look great and will make your home feel a bit more luxurious.

6. Stage to sell

Buy some modern wall art and large plants and ditch the family heirlooms for when it comes time to sell. These additions will make it easier for prospective buyers to picture themselves living in your home.

7. Mirrors are magic

Mirrors can be used in a number of places around the home to create the illusion of spaciousness in rooms that are otherwise lacking. There are plenty of creative uses for mirrors for each room of the home.

8. Ditch the linoleum

Underneath those linoleum floors lies wood that might be able to be refurbished. Don’t worry about small dings; they add character.

9. Get ready for the welcome party

Buy a fresh doormat and replace an old doorbell to make visitors feel like they’re entering a brand new home.

10. Cable management is king

Hide those cables in the office and living room by tying them behind displays or running wires underneath carpets or behind the drywall. This can instantly make your home feel more clean and put-together.





Posted by Homes of Distinction Realty on 2/26/2017

People often talk about boosting the value of their home with various improvements. But it is seldom that you hear anyone talk about the unforeseen factors that devalue their home. Furthermore, there are some fluctuations in a home's market value or appraisal value that are out of the homeowner's hands. In this post, we'll break down some of the broader aspects of home value and determine which "improvements" will serve you best in the long run. We'll also point out the red flags that are sure to devalue a home on the market.

Location

Few things so greatly affect the value of your home as location. If you happened to buy a house in Brooklyn Heights a couple decades ago its value has probably gone up exponentially since then due to the high demand of living in a trendy part of New York. Aside from living in the hippest neighborhood, people choose their home based on other location factors. Schools, hospitals, shopping centers, vicinity to highways or public transportation may all play a big role for many people. Location factors that will negatively affect the value of your home are high or increasing crime rates, economic decline (boarded up stores aren't very appealing to home buyers), a high incidence of registered sex offenders nearby, and neighbors that have unkempt homes or hoard junk in their yards. Other location factors are harder to sniff out. With the exception city dumps or waste processing centers--which you won't have any trouble smelling--having undesirable places like power plants or noisy freeways in your neighborhood can also devalue your home.

Inside the home

Home improvements are a great way to increase the value of your home--as long as those improvements meet a few criteria. Any changes you make should be legal and up to code. Potential buyers do not want the liability of illegal home improvements, nor can they ensure that the job was safely done and doesn't put them and their family at risk. Your improvements should also be up to social standards and changing tastes. Yes, we all have our own preferences when it comes to paint colors and home decorations. But when trying to sell a home it's important that it doesn't look like a time capsule from the 70s, rife with wood panels and shag carpets. When it comes to home repairs many homeowners elect to put off big projects because they are daunting and time consuming. Instead they focus on surface level improvements that might not do much to improve the value of their home. If you have plumbing that needs to be replaced, deteriorating flooring, or faulty heating and ventilation, make sure you take care of those before putting your home on the market.

Ask the pros

If buying or selling a home is in your foreseeable future, one great way to get a jump on your research is to consult a real estate agent and a building contractor to learn more about your area's own unique market values. This will give you a head start on making changes to your home and will tip you off on what to look out for when home hunting.