RISMedia's Real Estate Magazine

JAN 2018

Real Estate magazine is the industry's leading source for real estate news and information since 1980. Published monthly by RISMedia, Real Estate magazine offers timely and relevant real estate news to the industry's top brokers and agents.

Issue link: http://remag.rismedia.com/i/918036

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RISMedia's REAL ESTATE January 2018 47 {Blog Spot} MAJOR PROBLEM FIXES The first high-return investment you should make in your home is to correct all major problems. If your home has serious issues, such as a broken air conditioner or a pipe leak, fixing those issues should be priority No. 1. Repairing or replacing the roof and siding can also be a great investment, as potential buy- ers will generally factor in both the time and cost of having to fix these areas when making a buying deci- sion. Remember, problems like these are always easier to fix when they're small, so don't put them off. EXTERIOR IMPROVEMENTS Investing in the facade of a home can also bring great returns, and replacing garage doors is one such investment. If your garage door looks new, your house will look new, as well. Painting the outside of your home is another good exte- rior investment. If you don't want to spend the time and money to fully repaint your home, pressure-wash- ing can be a quick way to make the outside of your home look more presentable. ENTRYWAY IMPROVEMENTS Like the garage door, the front door is important when it comes to mak- ing a good first impression. Replac- ing your front door with a steel door can also make your home safer; increasing the safety of your home can be another great selling point for a potential buyer. Replacing win- dows is another way to make the outside of your home look better, as well as improve the home's energy efficiency. BATHROOM UPDATES Improving your home's bathroom, particularly visible elements such as vanities, lighting, toilets and tubs, can create a high return. For bathroom improvements, you may obtain a better return on investment by spending your money on items that are visible, instead of com- pletely gutting the space. Be sure to research the invest- ment potential of your home before making any decision. If you're trying to increase the value of your home, make sure your fix or addition will increase the value for both you and potential buyers. RE This article originally appeared on RISMedia's blog, Housecall. Visit us at blog.rismedia.com. Best Financial Investments for Your Home by Craig Middleton If you're trying to increase the value of your home, make sure your fix or addition will increase the value for both you and potential buyers. O ver the last couple of years, rehabbing TV shows have become increasingly popular. On these shows, people fix or introduce features to their homes while adding substantial market value to the house in the process. If you own a home, you can make many of these fixes or additions to increase the value of your home, too. Some of the best financial investments you can make to your home include:

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