When thinking about improving your home either for your benefit
or for the possibility that you wish to bring it to market in the
near future, there are some key things to consider. Essentially,
one will always want to make the necessary and structural
alterations first, the ones that any discerning buyer would notice
immediately such as cracked floors, water damage or peeling paint,
etc. When anyone is viewing a home, they do so in a manner of
caution. They want to ensure that themselves as well as their loved
ones are resting their heads in a safe and sturdy environment night
after night.
It is also incredibly vital that when putting money into your
home you look to the locations that have the most importance to a
buyer, ones that they spend the most time in or would be the most
overwhelmed to update themselves if that be needed. Rooms such as
the kitchens and the bathrooms or others with such appliances and
complicated fixtures usually are the best places to start. Updating
the wallpaper or paint in the living or dining rooms is a far less
daunting task. Recently there were ten ways released on how to best
update ones home on a budget. Remember, only put into your home
what you are confident you will get out of it or hopefully gain a
profit from down the line. Please see below for some of these
options and their corresponding estimated costs.
1. Open up your Kitchen – Cost: $1,000 for widening the door to
$30,000 or more for removing walls 2. Modernize your Kitchen –
Cost: $1,000 for do it yourselfers to $50,000 or more for
contractor intervention 3. Make over your Bathrooms- Cost: $600 to
$10,000 and up 4. Add a Bathroom – Cost: $5,000 to $20,000 and up
5. Finish your Basement – Cost: $25 to $100 a square foot 6. Find
Storage Space – Cost: $200 and up 7. Create Built-in Storage-
Cost:: $500 and up 8. Add a Dormer – Cost: $10,000 and up for a
double dormer 9. Put a Studio or Office in an Outbuilding – Cost:
$25 to $75 a square foot 10. Add Outdoor Living Space – Cost:
$1,500 and up
More Information:
Boston.com