Retirement & Financial Planning Report

If you’re dressing up your home for sale, consider:

Curb appeal–Your home’s exterior should create a desire to own the home and to live the lifestyle it represents, thus drawing prospective buyers inside to see your remodeled kitchen and bath. Painting the outside of your house is a relatively cheap way to add curb appeal.


Similarly, making your yard look better improves curb appeal. Edging your lawn, mulching, and planting some shrubs are all good ideas. However, if you put $10,000 into backyard plants you shouldn’t expect to see all that money back in higher resale prices.

Neighborhood cohesion–If most of the homes in your neighborhood don’t have a second story while you add one, the neighborhood could drag down the value of your home. On the other hand, your home will command a better price than comparable homes if you have dramatically improved your kitchen while neighboring houses still have their original kitchens.

Quality work—If you are doing renovations as part of this project—renovating the kitchen, say—it pays to shop around for a contractor whose work will show the money you put into it.