Fara Espandi, ERA
Justin Realtor is a production leader at the firm with multi-millions in sales
and listings sold. Her focus brings successes for her buyers and sellers
throughout Bergen, Passaic, Essex and Hudson counties. She brings tips to
readers for the 2012 real estate market.
ERA Justin
Realty Report: More Bang for your Home Improvement Bucks
ERA Justin Realty, a
real estate leader throughout South Bergen county deals with homes each
day. Some are pristine and some call for
improvements.
Fara Espandi, a million dollar listing and sales
producer with the firm shares her knowledge with these tips. “When you decide to
undertake a major renovation or some minor home improvements, you may want to
consider those improvements which could attract buyers and increase your profit
if and when you sell your home. Should you put in a new kitchen or bathroom? Add
a pool or new landscaping? Which improvements matter most and give the biggest
return?
According to Fara, "The fact is the average American family stays in a home for approximately seven years. Considering that your home is probably your most expensive asset, it makes sense to consult an ERA Justin Realtor to help identify those improvements that will appeal to more buyers and help it sell faster. Before taking on major home improvements, it is best to first take care of minor maintenance needs, such as fixing leaky faucets, grouting around tubs, cleaning gutters and so on. Buyers are more comfortable purchasing a well cared for home because if what they can see is maintained, it is more likely that what they cannot see has also probably been maintained.”
Fara continued, “Once basic maintenance needs are cared for, your real estate professional can be helpful in recommending home improvements that will increase the value of your home. For example, if you have extra funds to spend on one project in your home, and you are choosing between renovating your kitchen or adding a new in-ground pool, which do you think would increase the value of your home more? Installing a new kitchen will generate a greater return when selling than a pool. Not all buyers want a pool, however, they all want an updated kitchen.
Of all the rooms inside your home, pay special attention to the kitchen and bathrooms. They should look modern, bright and as fresh as possible. According to a national survey of real estate professionals, 80 percent recommend kitchen and bath upgrades to bring a greater return.
Minor upgrades can also enhance the value of your property, according to the survey. Cleaning and de-cluttering go a long way to improving the sale of your home, and are recommended by more than 90 percent of surveyed agents. Agents also recommend adding light and brightness to a home with new lighting fixtures. Landscape improvements, fresh interior paint in a neutral color and removing old carpeting (to expose wood floors or to replace with new carpet) are also highly recommended. Other home improvements that will attract buyers include an additional bathroom or a finished basement, if your budget permits.”
According to Fara, "The fact is the average American family stays in a home for approximately seven years. Considering that your home is probably your most expensive asset, it makes sense to consult an ERA Justin Realtor to help identify those improvements that will appeal to more buyers and help it sell faster. Before taking on major home improvements, it is best to first take care of minor maintenance needs, such as fixing leaky faucets, grouting around tubs, cleaning gutters and so on. Buyers are more comfortable purchasing a well cared for home because if what they can see is maintained, it is more likely that what they cannot see has also probably been maintained.”
Fara continued, “Once basic maintenance needs are cared for, your real estate professional can be helpful in recommending home improvements that will increase the value of your home. For example, if you have extra funds to spend on one project in your home, and you are choosing between renovating your kitchen or adding a new in-ground pool, which do you think would increase the value of your home more? Installing a new kitchen will generate a greater return when selling than a pool. Not all buyers want a pool, however, they all want an updated kitchen.
Of all the rooms inside your home, pay special attention to the kitchen and bathrooms. They should look modern, bright and as fresh as possible. According to a national survey of real estate professionals, 80 percent recommend kitchen and bath upgrades to bring a greater return.
Minor upgrades can also enhance the value of your property, according to the survey. Cleaning and de-cluttering go a long way to improving the sale of your home, and are recommended by more than 90 percent of surveyed agents. Agents also recommend adding light and brightness to a home with new lighting fixtures. Landscape improvements, fresh interior paint in a neutral color and removing old carpeting (to expose wood floors or to replace with new carpet) are also highly recommended. Other home improvements that will attract buyers include an additional bathroom or a finished basement, if your budget permits.”
“For a survey of what improvements you are
considering as well as a (CMA) comparative market analysis price opinion as to
your home’s current value, one of our
ERA Justin Realty sales professionals will be glad to give you a comprehensive
overview and written report, at no obligation” concluded Fara.
The entire staff at ERA Justin Realty stand
ready to be of service. Reach them at
either of their two Rutherford office locations at 118 Jackson Avenue or 57 Park
Avenue, or by phone at (201) 939-7500, (201) 438-0588 or (201)
933-SELL
Home improvement can be made by anyone. With the help of articles such as this, they will know what to do.
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