Kaysville is a very diverse city with some very old homes and some very new homes. If you are an investor looking to fix-and-flip that older home or you are a homeowner looking to make some upgrades to make your home sell better on the open market, you are in for a treat. Investors, the FHA has temporarily relaxed it’s 90 day resale restriction so read up on the details at http://www.hud.gov/offices/hsg/sfh/waivpropflip2010.pdf and get flipin’. Here is the secret to picking upgrades worth your money.
Think like a buyer! What would you spend more money for? What is the first thing you see when you walk up to a house? The entry door! Replacing that old entry door will bring back close to, or more than, the amount you put into it. The same goes for vinyl siding. You can add a nice wood deck but skip the composite decking. Composite materials are much more expensive and you wont recoup more than around 80% of the cost. Consider a minor kitchen remodel. Update flooring and counter tops. Add new sink and faucet. Leave existing cabinet boxes but change out cabinet doors and drawers and add new hardware. This gives an updated look without the major cost and still returns around 83% of the cost. The same can be done in a bathroom remodel with the same outcome.
What upgrades are NOT worth your money? Adding an additional bathroom is quite expansive and expensive resulting in only around 63% return for you money. Forget adding a sunroom or remodeling a home office. Again, These upgrades are not worth your money. Finishing an unfinished basement is a good option if the home you are selling has two or less bedrooms but you will only get around $12 a square foot value increase for any living area that is below grade. Adding a garage can definitely boost value and appeal but is expensive and will only return around 73% of the cost to build it.
Choose wisely when picking upgrades for your home. The whole idea is to upgrade and make more desirable but still get a higher value when selling your home in Kaysville. Don’t waste money on upgrades that wont really get good returns. If you would like more information on the costs and values of upgrading your home or project ideas that make sense, check out www.costvsvalue.com.


Avg. Sales Price: 313,016.00
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