February has been a busy real estate month in the tri-lakes with quite a few home sales, meetings with perspective home buyers, and speaking with sellers who are preparing their homes for market after the snow melts.
“Do I need to do renovations or updating before listing my house in the Spring?” is one of the questions home sellers have today.
The following remodel ideas may help you add some value to your home.
2. Paint, paint and paint.
One of the simplest, most cost-effective improvements of all is paint! Freshly painted rooms look clean and updated. When selecting paint colors, keep in mind that neutrals appeal to the greatest number of people, therefore making your home more desirable. This is likely the least expensive and most rewarding work you can do on your home.
3. Lighting is critical
Use as much natural lighting as possible. Ditch the drapes, and go for window coverings that allow natural light to enter the home.
Installing the right lighting fixtures is an important design element in any home. What they look like and how they illuminate your space sets the mood. Purchase quality fixtures that show off your home.
4. Make needed repairs
According to Robert Dimarco, owner of North Country Artisans, and pictured above (518-637-7781), owners are usually very pleased at having the needed repairs made. “Owners are often times surprised at how affordable the repairs are, and are usually only upset that they waited so long to get the work done”. Have Mr. Dimarco or another reputable contractor do a once over and provide a free estimate for work that needs to be done. You may be pleasantly surprised.
If your carpets are worn or stained, consider replacing them with prefinished hardwood flooring. Hardwood flooring appeals to buyers because it is easier to clean than carpets, and has a longer lifespan. Wood floors not only add a touch of elegance to your home, but also a bit of warmth. Many homeowners believe that having hardwood floors even makes the space look bigger and is an easy way to make a quality impression.
If you’re thinking of investing money to improve your home’s value, it’s important to remember that it can be worthwhile but there’s no guarantee that you’ll make back the money you spend.
If you’d like some free advise before investing in updating your home I’ll be happy to have a look so that you may have the best chance of earning a top dollar return on investment.
Spend wisely my friends.
Bob Miller is an Associate Broker with 10 years of real estate experience as well as 15 years of service as a former Lake Placid School Board member, and is currently a 3-time elected Town Councilman in Lake Placid.