Money Matters: House Selling Tips

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Wednesday, November 28, 2012

If you've ever thought about selling your home there are some things you can do to increase its value.

Katie Adams from investopedia.com has checked out the cost versus value calculations and has some suggestions on which projects to take on.

Here are some of her suggestions:

1. Siding replacement. Fiber-cement or foam backed vinyl will insure lower repair and utility bills. You can recoup between 87% and 80% of the costs when you sell your home.

2. Window replacement (vinyl or wood) you can save a lot on energy bills by replacing old windows. You can net nearly 80% on vinyl and 77% on wood return on your investment.

3. Bathroom remodel. Although a total bath remodel can be expensive you can still recoup nearly 71% of the cost when you sell you home.

4. Major kitchen remodel. This is could also be an expensive project but it's the most frequently used room in the home. Regardless of the financial layout, you can expect to recoup 71% of your money when you sell.

There are some cheaper projects. For a complete list of the projects in the article by Katie Adams, click on the link below.


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