Increasing Your Tulsa, OK. Luxury Home's Value...

How do you increase your Tulsa, OK. luxury home value? How do you avoid decreasing your Tulsa, OK. luxury home value? These questions are things that many homeowners ask, especially when placing their home on the market for sale. In a recent blog post by Melissa Tracey on Styled, Staged, and Sold by Realtor Magazine, "Real Estate Math: What Can Increase and Decrease a Home's Value", Melissa discusses some ideas presented by New York brokers.

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

Keep in mind that the prices given above are based on New York rents and are higher than they would be in Tulsa, OK. real estate. The ideas above indicate, however, that there are relatively inexpensive and easy things that can be done in a home to increase the value and sales price.

To read the entire article, "Real Estate Math: What Can Increase and Decrease a Home's Value", visit the link.

For more information on Tulsa, OK. home value or to buy or sell Tulsa, OK. luxury real estate, contact Kelly Howard, McGraw Realtors, 918-230-6341 or www.kellyhowardhomes.com.