Home Improvements/ Big Returns

Home Improvements that Yield Big Returns

Before you invest a lot of money into updates for your home, you should consult us to determine which improvements will most impact your home's sale.

Some renovations not only fail to improve resale profits, but could actually detract from your home's overall value.  If you're considering an improvement simply to increase the value of your home, you might consider research from the National Association of REALTORS® and Remodeling Magazine.  

The findings? Over-the-top luxury is out, mid-range restraint is in. Boosting living space is in. Put your money where it counts – in first impressions, like replacing the entry door – the only improvement in the cost vs. value survey to return 100% of investment.

Here’s is the list of improvements that provide the most return on investment:

  1. Kitchen cabinets
  2. Add or replace tile
  3. Granite tile countertops instead of slabs
  4. Freshen bathroom
  5. Replace cabinet fronts
  6. Replace light fixtures
  7. Garage door opener (touchpad)

Sometimes less is more. A little improvement in the right areas can go a long way with buyers, without breaking your budget.

 

The Bottom Line on
Home Improvements

Small, less expensive improvements in key areas can go a long way.

Some renovations may not improve a home's value. Before you invest, talk with an agent.

 

Did you know?

Kitchen Cabinet replacement is the renovation that provides the highest return on investment to home sellers.