PHILADELPHIA, PA, August 28, 2013 /24-7PressRelease/
-- College Works Painting reviews
some key home improvement projects that can significantly increase a house's resale value. While not all home improvement undertakings are worthwhile in order to boost this figure, there are several that are well worth a homeowner's time and money. The team at College Works Painting is lending their support to a new article
that sheds some light on this topic.
At The Joint Center for Housing Studies at Harvard University it was found that spending on home remodeling has increased over the past 18 months, and is expected to continue to grow by nearly 20 percent to $151B in the fourth quarter. These projects include a range of tasks, such as kitchen renovations and finishing a basement. However, not all projects are created equal when it comes to adding resale value to a home.
A homeowner looking to make their house more appealing when it goes up for sale should consider the buyer instead of their own preferences. While a swimming pool may make a summer weekend relaxing and fun, it is not always an appealing feature for the next person who will live there. For those who have pets or young children, it may actually become a negative mark on that property. Richard Borges, president of the Appraisal Institute, explains that a family is unlikely to recover their expenses when they add a pool to the property. He states that this is because many buyers do not want to shoulder the burden of maintenance costs, and may also be concerned about safety.
This concept holds true with any major additions. While an extra garage may seem appealing, it is not always worth the cost. Altering the actual structure of the home typically requires a significant amount of money, and may not hold the appeal that a homeowner would hope it does when it comes to wowing potential buyers.
Instead, those looking to get a home sold quickly should focus on more minor yet still equally significant improvements. This includes adding a fresh coat of paint to the property and planting some lush landscaping details.
The team at College Works Painting reviews this idea stating, "While not everyone will appreciate an extra garage or a pool, basically any and all potential homeowners will enjoy seeing that the house has been freshly painted and has beautiful details in the front yard. These improvements are universally appealing and are therefore worth the time and money they require."
The key is to avoid "overimproving" or adding touches that go well beyond what a buyer might find in similarly priced homes in the area. Splurging on expensive countertops is likely not a worthwhile investment when homes in the area do not have comparable kitchens.
College Works Painting reviews the danger of overimproving explaining, "It is certainly possible to have too much of a good thing, instead stick to the changes that will make an impact but not strain a budget."
College Works Painting reviews a pool of 10,000 students each year, selecting 500 to join the company and get real world experience. They learn how to successfully manage a house painting crew while providing excellent services to customers. The unique business model has earned the attention and repeat business of hundreds upon hundreds of customers. The employees and clients alike benefit from the experience, and support the mission of College Works Painting.