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If you’re hoping to sell
your house in the near future, you may be considering doing some upgrades to
increase its value. How do you know which renos are going to make your home
more attractive to buyers and therefore more beneficial to you?
Remember:
Just because you put $50,000 into a renovation it doesn’t mean you’ll get that
(or more) back. You have to spend wisely and plan your improvements well.
Like we mentioned in What Renos Do NOT ..
If you’re planning on
selling your home you want to make sure it is attractive to buyers, and
ultimately sells for a great price. Therefore, there are some upgrades you
may want to consider. Some sellers choose to do renovations to add value to
their home. However, some renovations don’t actually add the value you want.
The definition of a Reno
that does NOT add value is one that costs
more up front than it will earn you later. So, while a ren..
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