When real estate appraisers compute the value of a property, they usually consider three major factors: location, accessibility, and the condition of the structure itself. If it was made by a reputable developer and designed by a well-known architect or interior designer, it also gets plus points. These are things to keep in mind when investing in a property. If you have an existing house, you can raise the resale value of your property by making improvements to the structure. In general, the improvements that sell are those that enhance the overall appearance of the house and increase its functional space.
Scroll through the gallery below for a rundown of what things you can do and avoid to maximize your house’s resale value.
(First published in Real Living Magazine as "Renovator's Diary" in September 2008; adapted for use in Female Network)
Want to read more articles about home improvements? Check these out on FN:
- 50 Mini-Makeovers You Can Do for Your Home
- Easy Fixup: 6 Easy Home Repairs You Can Do Yourself
- 10 Tips for Renovating Your Home (Without Losing Your Sanity)
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