As stated above, renovations can help increase the appraised value of your home. Home Guide says, “If you want to raise your appraised value, make sure any renovations you do along the way will provide a boost. Bathrooms and kitchens offer the highest returns on your renovation investment, followed by improvements made above ground. Finished basements are nice but rarely add significant value to a home.” As you can see, the bathrooms and the kitchen should be your first 2 focus points if you really want to increase your home’s appraised value. Adding a new wall color in the kitchen and bathrooms is one of the least expensive improvements you can make to give your appraisal a boost.
How Much Is My House Worth?
Get a free home value estimate by using our home value estimator. Our estimator will tell you how much your home is worth, and what other homes are selling for in your local neighborhood. Results are a non-specific, system-generated valuation, which is for broad estimation purposes only. The consumer should request a custom market analysis (CMA), for an accurate valuation, as the conclusions may vary drastically.
Buy or Sell a Luxury Home in the Phoenix Valley
Are you trying to buy or sell your luxury home in Phoenix Historic, Scottsdale, Paradise Valley, or Arcadia? Best of Luxury Homes can help. From listings and negotiations to showings and paperwork, we are here for you every step of the way.
