relocation or financial distress, will be the biggest determinant of whether you will
see a solid profit from your investment.”
8. SELLING: Will renovating always increase
my resale value?
Make conscious decisions when renovating your home. While newer will entice
potential buyers, be cognizant of what rooms you update and how you do it. An
updated kitchen will increase the value of your home, but be sure to appeal to a
wide range of tastes. A good place to start is with the appliances. Realtor.com states
that homes with stainless steel appliances sell 15 percent faster than those without.
Updated bathrooms are easier to satisfy a wider range of buyers’ desires for luxury,
but be sure to keep the colors neutral.
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