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Showing posts from May, 2019

Purchase plus improvements

One of the most common complaints from my clients is the lack of inventory for homes in our area. One possible solution for those who can't find exactly what they are looking for in a home, is to use the purchase plus improvements program.  Genworth  has put together a list of which improvements will result in the highest value increase. Here is are their suggestions: CREATING AN IN-LAW SUITE  Adding an extra suite could take a big bite out of home ownership expenses. You can share your home with a parent or with another co-buyer while maintaining privacy for each household. Convenience. Value. A suite adds both! RENOVATING THE KITCHEN  The kitchen is the heart of the home, and the most important room relating to valuation. Fresh cabinetry (if it’s in good condition, consider re-facing rather than replacing) and efficient lighting will improve daily life and property value. RENEWING THE BATHROOM  Another important room in terms of valuation, the bath is everyone’s fa