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The Chester Realty Group LLC

  • Home
  • Property Types
  • Programs
    • First Time Home Buyers
      • Homeownership & Credit Counseling Workshop
      • Ready to become a homeowner
    • Credit Restoration
  • Sale-4-Cash Now
  • Ready to Buy
  • Rent
    • Looking-for-Rental
    • List-to-Rent
  • Avoid Foreclosure
  • Relocate
  • About Us
  • Contact
1-305-894-9361
Submit
Looking for certain features

When buying a new home, what upgrades should we go for? What holds the most value? Do we upgrade the lot? Pick more square footage in the house? Add an extra bedroom?, etc.

By

Chester Realty Group

Posted in On May 2, 2015

A lot depends on why you are buying the house. Are you buying it mostly as a home or mostly as an investment? There is a difference.

For the most part, upgrades are high-profit items for builders. They aren’t designed to enhance the value of the house, but make you happier with the house you do buy.

If you are looking at your home as an investment, then you buy from the smaller to medium size in the tract and spend only a minimal amount on upgrades. If you are looking at your purchase as a home, then you select upgrades that will enhance your quality of living.

One rule of thumb is to always upgrade the carpet and padding.

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