With home prices increasing every year after 2008, it is not surprising that people are tempted to sell their houses while the market is hot. According to Zillow, the median listing price for a house in New Hampshire is $259,900 with a 1-yr forecast of going up 2.8% for the state. For popular towns like Londonderry and Salem, the median listing prices are even higher reaching a height of about $280,000. Eager to sell your house now? Not so fast, it is important to renovate your house in order to list a higher price.
There are several factors that would affect your house listing price:
- Location – The location of a house is very important as whether it is close to a good school and supermarket. Americans are also scaling back their reliance on cars so many home buyers seek public transportation to get around and to work. This is especially popular among community targeting millennials.
- Size – This one seems obvious as the bigger your house is the more you can sell. However, it is important to keep in mind that the lesser the rooms but more spacious tend to boost value.
- Negative Events – This refers to a fire, mold, crime, and things that tend to hesitate buyers to make the decision.
- Renovation- Unless you are living in a neighborhood where built-in wine fridges are common, it is important to renovate the basics of your house. Curb appeal and energy efficiency are very important in resale today. One area where people tend to overlook is their garage and their garage door.
In fact, 4 of the top 5 home improvement project that made the biggest profit from resale focus on the exterior of the house. A garage door replacement, which can cost between $700 and $1,400, can bring an 85 percent return on investment. It is a win-win situation when it makes a great first impression on potential home buyers coming to your house and it adds a sense of security.
Shopping for a new garage door in the Greater Derry and Seacoast area of New Hampshire? A-1 Fleet Door offers a variety of residential and garage doors include: wood, carriage house steel, contemporary aluminum, specialty vinyl, and more. Contact us for a quick, no obligation and free quote before the winter.