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10013698CR
HOW TO BOOST
HOME VALUE
BEFORE SELLING
People considering
buying or selling
a home are facing
a unique market. Th e
real estate market has
been in fl ux for several
years, and high interest
rates have made it more
expensive to borrow.
Th e Mortgage Bankers Association is projecting that 30-year
mortgage rates will level out to 6.5 percent for the foreseeable
future. Th at means that people who have been waiting for
changes in the real estate market could be disappointed, and
hesitant buyers may fi nally just bite the bullet and buy even
if mortgage rates are not where they hoped they’d be in 2025.
Homeowners with properties they are considering listing for
sale would be wise to make certain changes that will help garner
the best prices from buyers.
Make kitchen and bath improvements
Th e kitchen is the heart of many homes. Real estate agents
may recommend that homeowners make minor to moderate
kitchen upgrades like resurfacing cabinets, upgrading countertops
and changing fi xtures or hardware to give the room an
overhaul.
Homeowners also should look to bathroom updates as smart
investments that can improve home value. Katie Severance, author
of Th e Brilliant Home Buyer, characterizes kitchens and
baths as “money rooms” that add the most value to a home.
Declutter the home
Homeowners should clean out items they no longer need. Decluttering
can make a space feel bigger, which is benefi cial in a
market where open concept fl oor plans remain popular among
home buyers.
When buyers walk through a prospective home, they want to
envision themselves living there, something that is more easily
done if the home isn’t overrun with the current homeowner’s
belongings.
Get to painting
Painting a home is a cost-eff ective renovation with a lot of
oomph. Freshly painted rooms appear clean and updated, says
HGTV, and that can appeal to buyers. Homeowners should
choose neutral colors to accommodate the widest array of potential
buyers.
Improve the landscaping
Th e exterior of a home is the fi rst thing potential buyers will
see as they roll up to view a property or look at a listing online.
Homeowners should start by evaluating and enhancing
the landscaping. Ensure the lawn is well-maintained and add
plants that provide color without a lot of maintenance.
Expand usable space
Homeowners can think about adding to the usable space in a home.
Th is translates into fi nishing basements or attics or even converting
garages to rooms. Or it may involve adding a three-season room.
2 - 130 Kings Park To Advertise call: 631-698-8400 All Island Media - May 8, 2025