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Simple Improvements May Boost Home Value

September 2, 2010 by  

Simple improvements may boost home valueFor many Americans, their house is their main asset, and numerous owners have seen their wealth diminish during the current economic downturn. In fact, the National Association of Realtors says that home sales fell by more than 27 percent in July.

However, experts say there are ways to enhance the appeal and value of one’s house — especially if it’s about to go on the market — without spending a lot of money.

Painting the house and replacing the front door, which is the first thing prospective buyers see, are obvious and low-cost ways to spruce up the house and make it more attractive, according to

In a similar vein, spending $300-$400 on landscaping can make the property stand out from among its neighbors and boost the chances of a successful closing.

Furthermore, replacing old sinks and adding low-flow faucet aerators, which can reduce water usage by 30 percent, costs less than $500 and can be done in one day. Prospective buyers pay particular attention to the kitchen, and this is one investment that can greatly pay off, the news source advises.ADNFCR-1961-ID-19933735-ADNFCR

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  • Curtis Banker

    The county loves to see you improve your home.Taxes are based on the value of your home so they get more of your money to throw away.

    • Peggy Eckenrode

      I fully agree. Our county promised not to raise our property taxes. We bought our home in Feb 2004 and when we got our taxes our house is now worth (or so they say) $50,000 more than we paid for it. I told them if they would buy it for that I would sell it to them. Thus the reason for our taxes going up $400 this year.

  • meteorlady

    Between decreased home value and my taxes going up, there seems to be little incentive to even own a home anymore. Especially if there is going to be a sales tax when I sell it and, if the Democrats have their way, the mortgage interest deduction will go away. So Why not just rent and save some money?

  • Fed Up Gal in NM

    If you’re lucky your state will push through a lightning tax like they’re trying to do in NM… least you’ll recognize the pain for what it is………Liberals who expect homeowners to subsidize everything from schools, to roads, to the county hospitals, and anything else they want. Why homeowners? If it’s truly for the good of the community….why not have every adult contribute, even those who don’t own homes? It’s all a big load of BS!


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