These New York brokers suggest the following:
WHAT CAN DECREASE A PROPERTY’S VALUE
- Chipped plaster or broken bathroom tiles: Knock $500 to $5,000 off an offer
- Dirty rugs: Subtract $5,000
- Clutter: Subtract 5 to 15 percent from sales price
WHAT CAN INCREASE A PROPERTY’S VALUE
- Fresh towels and throw pillows (estimated cost: $700): Add $25,000 to sales price
- New lights (cost: $2,000 replacing lighting fixtures and $250 for a professional lighting designers expertise): Add $32,500
- Professional paint job (estimated cost: $10,000): Add $50,000 to the sales price
- Replacing cabinets (estimated cost: $20,000 on new kitchen cabinets and paint): Add $107,000
To read the entire article, "Real Estate Math: What Can Increase and Decrease a Home's Value", visit the link.
For more information on Broken Arrow, OK. home value or to buy or sell Broken Arrow, OK. real estate, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.
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