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Home Improvements that Pay Off

Home Improvements that Pay Off

While there are many things you can do to increase the value of your home, such as sprucing up the landscaping and giving the exterior a fresh coat of paint, there are a few specific areas that can truly skyrocket your home value, and they are explained here.

The kitchen is appropriately called the “heart of the home” as it is the focal point of the house, and it needs to shine.  If your kitchen needs a complete remodeling, consider doing it as you will recoup the expense put into this important area.  However, even minor renovations can make a big impact aesthetically and on the value overall.  You can give the cabinets a fresh coat of paint, replace the older appliances with modern, streamlined ones, and put in a new stove with induction cooking.  This will give the kitchen a fresh, new look, and will get you a better price when you are ready to sell.

Another area that can greatly increase the value of your home is the master, specifically the master bathroom and closet.  Buyers do not want to settle when it comes to the master.  A great house with an outdated master bathroom and small, disorganized closet cannot get the sales price it deserves.  It is worth splurging on beautiful marble and high-end fixtures for the master.  Bathrooms can be completely renovated for less than you would imagine.  So, get a few estimates from contractors and architects-you may be surprised that it is much more affordable than you thought, and it will greatly increase the appeal and value of your home.

A beautiful pool.  While buyers can of course put these in once they purchase the home, most buyers do not want to deal with the headache of a project and many will even eliminate your home from their search simply because it is missing a pool.  Most people buying a home in Miami imagine a pool in their backyard, so do yourself a favor and either fix up your existing pool or build a new one.

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