The key to raising your home’s value lies in making smart renovations. According to Scott McGillivray, host of HGTV’s Income Property, the most important room in any house is the kitchen, and it must be in good condition before you sell.
McGillivery knows a thing or two about selling homes. He has hosted Income Property for the past nine years, and he has been renovating and selling homes for the past 16 years. In a recent interview with Country Living, McGillivray explains why the kitchen is the first room you should renovate before selling your home.
Most homeowners looking to sell will renovate, McGillivrary said and that “is a good idea because if you do the right investments, you are going to make the most return on your investments.”
McGillivrary suggests that your first step should be to determine the extent of the renovation you need. A lot of buyers want what they feel is great for kitchen, he explained. “However, you also don’t want to sell a house where the kitchen is in really bad shape.” We can help you find the perfect balance between budget, return on investment and a workscope that will make your kitchen shine in the eyes of potential buyers.
We have been able to help clients with everything from simple improvements that include updating door and cabinet hardware to full-scale renovations. Some clients have received tremendous returns by replacing faucetry and countertops. These can be easily replaced and without the need to undertake a full-scale renovation that involves tearing apart your home.
McGillivrary also suggests that new appliances create immediate value and return on investment. “People automatically associate the caliber of the space based on appliances,” he said. “If prospective buyers see nice new appliances, they’ll view the entire space as new as well.”
What’s the number one mistake you can make renovating your homes? McGillivrary shared that it was lack of planning. You need to have a tight plan he said that includes a 20% cost contingency to cover the unexpected. We can help you develop a plan that works within your budget. We also will provide a candid assessment of where you can create the most value in a modest to full-scale renovation of your kitchen and bath.
Please give us a call at 603-448-9700 or come to the showroom located at 105 Hanover Street, Lebanon, NH to leverage our experience and expertise that can help you sell your home quickly and for top dollar.
