I bought my first home on October 31, 2006. It is a good starter home but I'm not crazy about the neighborhood/area and I want to plan on moving within the next year or so. I can qualify now for a much nicer home and I'm sure I will be able to qualify for even more within the next year.
There are many things I would like to do with the home while I am in it but I don't want to put too much money into it because I worry that I won't get the same amount in return due to the neighborhood. The things I am sure that need to be done are painting the entire house and new carpet in some rooms. I would like new light fixtures (the existing ones are brass) and things like that but don't want to spend money where it is not needed. I plan on doing some landscaping to make the exterior look more presentable.
I would just like to know what projects I should invest money in and what projects I can go without doing to make the home presentable to sell without putting too much money into it.
2007-04-30 04:43:39 · 2 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
The timing is important. Watch the market. As far as what to do, I suggest only paint and minor fix up. Also, repair anything that is not working. Otherwise, spend as little as possible.
2007-04-30 04:50:06 · answer #1 · answered by Jan C 7 · 0⤊ 0⤋
new bathrooms and new kitchen.
about 5-7grand per room,will bring back about twice what you spent!!also a 5000$ patio/deck will fetch around 10,000 if done right.if you change some lights,its better to change all lights so they all match,same with doors.
2007-04-30 04:51:21 · answer #2 · answered by asgapollo 3 · 0⤊ 0⤋