Which Home Improvements Pay Off?

Home improvements add up to constitute a critical task for homeowners seeking to enhance the market value and consequently help them strike better resale deals. According to Smartmoney.com, though the exact value could be affected by factors like value of homes in the neighborhood, prevailing trends in the housing markets, and the time of sale, homeowners would do well to focus on specific areas where improvements could be carried out that would invariably assist in augmenting its value from the long-term perspective. Prominent focus areas that were found to contribute to its value included kitchen-remodeling, exploring ways to increase functional space within the house, adding extra bathrooms, installing decks and replacing windows, while swimming pools and the gardens were best left alone. [ Smartmoney.com, 2006]