Thinking of making upgrades to your home? Remember to consider the potential value those improvements will have when you go to sell your home. The Return On Investment (ROI) may not be as great as you’d believe.
The video below from the California Association of Realtors details the Top 5 projects with the best ROI.
Before rushing off to complete one of these projects on your home, please also remember that the value added to your home by an improvement project will vary based on location. Here is a PDF detailing the ROI specifically for Los Angeles and the Pacific area in general.
Home improvement projects can be a great way to increase the value of your home. I hope this post has given you a clearer idea of which projects are most worth your time and money.
If you have any further questions, feel free to contact me.
Nancy has been licensed to sell real estate since 1991. This includes sales experience in residential, land and investment properties. Due to her vast experience and expertise in the handling of complicated real estate transaction, she as the chosen as the Official Real Estate Sponsor of the Pasadena Bar Association for 5 years.
Nancy approaches each home sale as a new work that will be given a glorious Premiere! The staging, set design, and presentation all result in her listings being the “buzz” all over town. Nancy harnesses the power of the Internet to give her listings a competitive edge. She sees the Web as the most valuable way to respond to the constantly changing real estate climate. Nancy has the experience, knowledge and flexibility to harness the power of the Web in real estate transactions to get her sellers’ properties the best exposure, worldwide.
Like most people in this field, Nancy had another career before entering real estate. After graduating from Northwestern University School of Music, she attended the Juilliard School. Nancy went to Europe for the summer to continue her vocal training and stayed for 12 years! She sang professionally as a lyric soprano soloist in Austria, Switzerland, and Germany. Nancy is fluent in German and has a very good ear for languages! Her years of living abroad have given her a deep understanding of Buyers and Sellers from varying cultures and traditions. This experience is a valuable tool in understanding client needs and translates into a superb skill in negotiating on behalf of her clients. The experience of living in Europe as well as recent trips to visit family in Asia, she has a deep understanding of varying architectural and decorating styles.