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Home improvements typically raise the value of your home or investment property even in a declining market. If done properly and limited to the right locations and expenditures, some key home improvements may be your best option. The key to exponentially increasing and transforming your investment dollar into multiple equity or value dollars in your home is simple.
Kitchens and bathrooms are the heaviest bang for your buck locations in your home. Within these key areas savvy home owners and investors have an opportunity to raise values using an approximate multiplier of 1 to 3. That is invest five thousand dollars and realize a fifteen thousand dollar increase in the appraised value of your property.
Hardwood cabinets and granite or marble tile and countertops are always sound investments that last. Pick neutral colors that would not scare a potential buyer away. If you try to go with something that only a few people would like, even if you really love that particular color or pattern, you have just limited your potential customer to only people with your sense of style and taste.

I would love to hear any stories about similar situations and welcome any constructive criticism on this topic. As well as any advise on other locations and techniques that are value raisers in the home.

Best of luck with your venture,
Mason BenYair
Vere and Mason Inc.

Tags: www.vereandmason.com

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