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By Stephen Sellner | Citizens Bank staff
When selling your home, don’t put all your “home improvement” eggs into the “curb appeal” basket.
While it’s true that curb appeal helps form a buyer’s first impression, you don’t want to leave it all at the curb. Instead, you want that good first impression to swell as they walk through the door and move through the house.
So what improvement projects can you take on to best position your home for sale?
The smaller the scale, the better. Projects intended for raising the resale value of a home shouldn’t be overly expensive — unless you’re expecting to get that money back during the sale. Remember, these improvements are not for you; they’re for making your home appealing to prospective buyers.
A modernized kitchen can pop during an open house.
Below are some smaller projects to consider:
Since these projects are relatively affordable (minus the roof), you could probably get away with simply charging the expenses to your credit card. However, if you plan to stay in the home for the foreseeable future, pricier remodeling projects — expanding the kitchen, building an addition, adding a bathroom, or finishing the basement — will likely require outside financing (see: home equity line of credit or personal loan).
Are you looking to take on a home improvement project? The scale of your project will dictate how to best fund the job. Come in for a Citizens Checkup at your nearest branch to get personalized advice on how best to proceed.
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