Alexandria VA Homes for Sale – 4 Things to Consider Before You Renovate
Thinking of selling your home? A cooling real estate market is a great time to complete renovations in your home that will boost its value. You may be able to get the work done at a discounted price because contractors don’t have as much work to do when homes aren’t selling as fast. However, not all home improvement projects are equal. Before you add your home to the list of Alexandria VA homes for sale, there are four things to consider:
- Renovations in the kitchen or bathroom always increase the value of your home. Nothing dates your home quicker than harvest gold appliances or old countertops. This makes these renovations your best investment if you hope to boost your home’s value. Other important areas are the master bedroom and media rooms.
- Maintenance improvements do not increase your home’s value. Some tasks, like painting your home’s exterior or replacing an old roof are part of being a homeowner. These are called maintenance improvements, and they do not add value to your home. At the same time, skipping maintenance jobs may actually decrease your home’s value and lead to more significant repair costs later.
- Cosmetic improvements like stripping wall paper or painting inside won’t give you a good return on your investment compared to the cost of hiring someone do it. For this reason, it makes more sense to complete cosmetic work on your own instead of paying someone else to do it for you.
- Alexandria VA homes for sale can be over-improved. If you live in an established neighborhood lined with ranch homes, it may not make sense to build a three-car garage or install bay windows in the living room. You run the risk of making your home an oddity in your neighborhood which can lower its market value. Check with other homes in your area to see how any renovation affected their sales.
Are you looking for newly renovated Alexandria VA homes for sale? With my expertise and experience, I can help you find the right one. Contact me today to get started!
Steve Hawkins
Long and Foster REALTORS®
Springfield, Virginia
www.HomeSearchWebsite.com
Steve@HomeSearchWebsite.com
703-909-3939
