Cost Effective Renovations that Get Your Brooklyn Property Sold
In a buyers market like the one we’re experiencing now, getting your property to stand out among the crowd and draw the buyers in is one of the keys to getting your property sold. According to the National Association of Realtor’s(R) 2008 Remodeling Cost vs. Value Report, for a second year in a row exterior renovations are returning the best bang for the buck.
What does that mean for Brooklyn house sellers? Adding a deck, replacing the siding or putting in new windows is a cost effective way of increasing your property’s curb appeal which will help get more buyers in the door. Its cost effective because you will 
recoup the majority of the money spent on the renovations once the property is sold.
The statistics show that nationally, adding wood decks and replacing siding returned 80% of the project cost. Window replacements returned up to 76% of cost.
Of course, the old stand by, a kitchen upgrade, is still a good investment. The report showed that a minor mid-range kitchen remodel returned 79.5 percent of costs. For information on the cost to value of other types of renovations, got to Realtor.org to view the full report.
Selling in a buyers market can be challenging. Make it easier. Increase the curb appeal of your property by doing cost effective exterior remodeling jobs that won’t take a big bite out of your profits.
For more information on the types of renovations that work best in Brooklyn, give me a call at 917-544-2662 or email me by clicking here.
Tags: Curb Appeal Sells Houses
