With housing prices the highest they’ve been in nearly a decade, now is the time to invest in your home to capitalize on its value. Whether you want to sell your condo, flip an investment property, or boost the value of your home for your own benefit, the property managers at Arc Property Management Group know just what home improvement projects pay off. By investing resources into the right projects, you can increase the value of your home and ensure you are in a position to sell when you’re ready.
Property Managers Share 5 Secrets To Boosting The Value Of Your NYC Real Estate
1. Focus On The Kitchen First
If you don’t have a lot of money to put into a complete remodel, remember: The kitchen always has been, and continues to be, the selling point in any home. Today’s homebuyers are looking for a modern, updated kitchen. For as little as $5,000, you can add new appliances, countertops, and flooring and give the cabinets a fresh coat of paint.
2. Update The Bathrooms
The property managers at Arc Property Management Group know an updated bathroom is second only to an updated kitchen. Today’s homebuyers are looking for clean grout lines, updated tile, clear (and not frosted) glass, and updated fixtures. Rusted faucets, a cracked backsplash, and outdated fixtures can turn a buyer off before they have a chance to see the rest of the property.
3. Go With An Open Floor Plan
Open floor plans offer the flexible living space most contemporary homeowners desire. By strategically increasing the amount of living space in your home, you can significantly boost its value.
4. Be Energy Efficient
New York’s most experienced property managers know lower energy costs are high on the list of must-haves for today’s homebuyers. In fact, “energy efficient” was second only to “safe community” on the list of attributes that most influence a homebuyer’s decision, according to the National Association of Home Builders.
5. Be Neutral
Paint is an easy and cheap way to give your home the final touches it needs to make it market ready. Buyers want to be able to project their own ideas onto a space, and neutral walls allow them to envision the home as their own.
The property managers at Arc Property Management Group possess keen insight into the New York housing market and know precisely what makes a home sell. For an innovative approach to boosting the value of your residence, call (800) 769-8084, or go online to learn more about their services.