Home improvements always pay off come selling time, right? Turns out it’s all relative. We all love a house-flipping reality show – we shout our opinions and weep when we see the final reveal. It’s an innate human instinct to want to make things better. And when it comes to selling your own home, it’s often a good instinct to follow.
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According to Salmon, kitchens, master bedrooms and master bathrooms are the areas buyers pay the most attention to – as well as the areas that could add the most value to your home if you remodel. Other bathrooms in the home are also important, he says, because "buyers don’t want to have to remodel rooms they need, and bathrooms are some.
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Unexpected Home Improvements That Pay Off It may be overwhelming to look at your house from a buyer’s perspective and see all of the potential upgrades you could make. Then you start adding up the price tags.
If you refinance to another 30-year mortgage, keep in mind that you’ll be extending the amount of time it takes to pay off your mortgage and you may be paying more in interest over the life of the loan. You’ll also have less equity in your home if you take the cash out, so if you plan to sell your house soon, you may not get as much for it.
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