|
The largest single asset most people have continues to be a home of their own.
A recent survey found that the equity we have in our homes outweighs the value of our investment portfolios, on average, by a ratio of 3 to 1. With stock prices still volatile, many families remain focused on preserving and protecting the equity in their homes.
Therefore, home improvement and home maintenance have become extremely important to home sellers. Deferred maintenance definitely lowers a home’s value.
The three most common areas of deferred maintenance that affect a home’s selling price are:
* Water damage * Pests * Roofs needing repair or replacement
The three best areas to invest your money in your home are still:
*Kitchen remodeling
*Bathroom updating
*Landscaping
Your best choice for information about buying a home in the Kalamazoo, MI area OR selling a home in SW Michigan or investing in real estate, visit http://HomesofSWMichigan.com. We've worked hard to make our website user-friendly AND comprehensive. You'll even find a very easy system to search the Kalamazoo area MLS for homes for sale in SW Michigan.
If you or someone you know are in need of a competent and caring real estate professional in or near Kalamazoo MI, I hope you will contact me.
|