“If we could have picked up that house and brought it with us, we would have,” Jennifer says.
Lorella Martin of Redfin, an online real estate brokerage, was the Harmeses’ listing agent; she set the asking price at 0,000.
(Check our kitchen planning guide for more information.) Value-Added Buzzwords Stainless steel.
Though it has been around for decades, this appliance finish conveys clean, contemporary design, so it will signal “updated” in the mind of the buyer.
So let the following renovation rules, driven by shifts in the current housing market and informed by Consumer Reports’ nationally representative survey of 1,573 millennials, inform your decisions on improving your home and its value.
Buyers of all kinds have long focused on the kitchen, but it holds particular sway over the newest wave of first-time homeowners.
Most homeowners spend between about $10,000 and roughly $27,000 converting a basement, depending on the size of the space, according to estimates from Home Advisor, a website that connects homeowners with prescreened service professionals. And at the other end of the spectrum, “a lot of my boomer clients are daytime caretakers for their grandkids,” says David Pekel, who owns a remodeling company in Wauwatosa, Wis.
“They want a playroom that they can close the door to after the kids leave, so they’re not dealing with toys underfoot.” Value-Added Buzzwords Flex rooms.
For as little as ,000, you should be able to add a new suite of appliances, as well as a new countertop and flooring, resulting in a fresh, coordinated look.
Applying a fresh coat of paint to the walls or cabinets, and updating the hardware, can also breath new life into the space.
Also known as double-duty rooms, you’ll see flex rooms advertised as an additional living area that can serve a variety of purposes, from a guest bedroom to a game room to an exercise room to a study room for the kids. These spaces go by many names, including “granny flats,” “casitas,” and the technical sounding “accessory dwelling unit,” or ADU.
They can house an additional family member or provide rental income—allowing baby boomers to afford their house once they retire or helping millennials pay the mortgage.
They also used that moment to rewrap the house in rigid insulation, improving its overall energy efficiency.