Located on Florida’s west coast, and just south of Tampa, most travel and home magazines describe the city of Sarasota as a tropical paradise, and financial and investment magazines also describe the city’s rich economic and financial vitality.
The Sarasota home market has, at present, fairly weathered the doldrums brought about by the current housing and credit market crisis, as the local property market has seen a slight rebound in the sale of new and previously-owned homes.
In increasing your Sarasota home’s value, the list is endless and generally would depend a great deal on how much you want to spend, and the methods you devise to make your home more appealing. A house that’s a little bit old, could likely benefit from upgrading its electrical and plumbing systems, putting a new roof, if ever the existing roof is deteriorating, and others. While these renovations could add value, they are not improvements or changes that are easily seen.
How to Make Visible Changes In Your Home’s Appearance
In implementing more obvious alterations or changes that would increase your home’s value, you should try thinking in terms of either expanding rooms, adding rooms, updating bathrooms and kitchens. Paint, whether interior and exterior, is an easy, less-costly method of increasing a home’s value. Making changes to the home’s landscaping is also another way to quickly improve the appearance and value of a home.
Another good way of increasing a home’s value is to advocate for the neighborhood. Talk to your fellow homeowners and find out if there are properties on your block that are not well-kept. If so, they’ll be able to detract from your own home’s value. In the housing market, some home improvements work wonders by increasing your home’s value , while others have a little effect on a home. In general, upgrading your kitchen and bathrooms are always smart investments and help add to the home’s overall value.
Remodeling Your Bathroom
Renovating the bathroom is a good way of allowing you to yield a return of between 85 percent to 90 percent of your home’s value, and bathroom improvements generally costs start at around $10,000. However, adding a new bathroom can get you returns of as much as 85 percent, especially if you only have one bathroom to start with. Adding a second bath can make your home significantly easier to sell. Some other key improvements also include installing double sinks, tile floors and new bath fixtures and faucets.
Renovating The Kitchen
As a rule, a home’s kitchen is the most important room in the house since this is where much of the family interaction takes place. The average return-on-investment for kitchen renovations ranges from about 80 percent to 93 percent, with the average costs of kitchen remodeling starting from $15,000 and up. Try to start by adding new tile flooring, replacing old cabinets and racks, and/or updating appliances to new energy efficient models.
Undertaking home improvements can sometimes be a large and tedious task. Larger improvements could include adding a fireplace, building a deck or patio, or adding a new heating or cooling system. However, you need not have to spend huge bucks to upgrade the look of your home. Smaller, less costly renovations could also include changing old doors or installing a ceiling fan. Most cosmetic improvements can help go a long way in influencing the minds of prospective homebuyers.