Will Home Modifications Decrease the Resale Value of my House?
An Interview with Jeffrey Kerr, Realtor
Jeffrey Kerr: helping clients buy and sell accessible houses and condominiums
So Jeffrey, what’s one of the first questions your clients ask you?
“One of the first questions I often get asked is ‘Should I modify or move?’ If my client loves where they live, I always encourage them to consider modifying. Not all houses are suitable for aging in place, so it’s important to get an opinion from a professional contractor that is knowledgeable on accessible modifications”.
What kinds of home adaptations do people consider making?
“Certainly, home adaptations need to address the current needs of the individuals, but there are many common, universal changes that can be enjoyed by the new homeowners as well. Things like a well thought out bathroom design and the inclusion of a home elevator are two of the biggest ticket items that can actually lead to a better resale value of the home”.
So, home modifications could actually add value, rather than reducing it?
“Yes, everyone can appreciate and benefit from a new universally designed bathroom. Whether you walk or roll into the bathroom, a stylish, well-designed universal layout will add value to your home. Navigating stairs can be a challenge for many. Adding a home elevator can make your home accessible for everyone for years to come. When it comes to selling, many buyers will appreciate having an elevator, especially older adults looking to age place”.
So there you have it
To learn more about our Homelifts or these financial programs, contact Brian today for your free in-home consultation to see if a Homelift is the right product for you to ensure you can stay in your home for as long you want.