Stephen Reddell's Katy Texas Blog

Many people like to improve their homes in Katy and other Houston communities. While this is usually done to make the property more livable, it is sometimes undertaken to improve the sale value of a home as well. Usually, modifications are made to a property over a period of years, and then when the homeowner decides to sell the property they need to attribute a value to their work.

Competitive Market Analysis

The surest way to achieve a true evaluation of your Katy home, including any home improvements you have made is to have a Competitive Market Analysis report (CMA) created by a Katy real estate professional. This report will study the history of recent property sales in your area and use them to discern a realistic value for your home. I will be able to arrange this for you, and this is a great way to get an extremely accurate idea of how much your home is currently worth on the open Katy real estate market. Additionally, you may utilize a home evaluation tool within my website to get an idea of your home value. However, it is extremely important that a true home evaluation be done by a professional to establish the current value of your home.

Home Improvements with Little Value

Some types of home improvements may not add as much to the value of your home as you may think. Take for example an outdoor swimming pool, added to a home that is located within a fairly cold climate, in this situation you could find that the expensive pool you had built last year adds almost nothing to the overall value of your home. If you are thinking of making home improvements, check out what is popular in the rest of Katy Texas; a badly planned improvement could see you losing money.

Filed under: Katy Family Homes, Sellers