Ever said to yourself... "I'd like to update my home, but where will my dollars be best spent?"
Every upgrade or renovation you do on your home may not actually be worth the money you spend on making the update. Be wise with your money. Invest in these 6 home improvements that will be sure to give you a great return on your investment.
1) More Space.
Every additional 1000 sq. ft. boosts sales price 30% (to a certain point). Adding bedrooms, offices or sun rooms can pay off with a 70-80% Return. Make sure not to add too much or you will price yourself right out of your neighborhood!
2) Home maintenance is key!
Keep your home in tip top shape by repairing or replacing things as needed. Don't let a little problem turn into a BIG problem. Replacing the roof or windows will provide an 80% return.
3) Curb Appeal, Curb Appeal, Curb Appeal.
The first impression is everything. Keep you home looking nice by maintaining the yard, painting the trim and replacing the siding. New siding can put out a 93% return.
4) Add a bathroom.
3 bedroom, 1 bath... Not too family friendly. Adding an additional bathroom can open up your buyer potential greatly. Turn that extra large laundry into a small laundry and new bathroom. You'll get an 86% return on that home improvement.
5) Upgrade existing bathrooms.
Looking for 100% return? Then rip out that pink bathroom tile, build a walk in shower and call it a day. Today's buyer doesn't have time to soak in that Olympic sized jetted tub. Give them a spa like home retreat with plenty of storage.
6) Minor Kitchen Remodel.
Notice the word MINOR... Don't go overboard and buy all the latest, greatest, most expensive appliance and finishes or you won't see much of a return. Make smart, economical upgrades that give your existing kitchen a face lift to see 100% return. New cabinet fronts, new counter tops, a fresh coat of paint and reasonable updated appliances.
Every upgrade or renovation you do on your home may not actually be worth the money you spend on making the update. Be wise with your money. Invest in these 6 home improvements that will be sure to give you a great return on your investment.
1) More Space.
Every additional 1000 sq. ft. boosts sales price 30% (to a certain point). Adding bedrooms, offices or sun rooms can pay off with a 70-80% Return. Make sure not to add too much or you will price yourself right out of your neighborhood!
2) Home maintenance is key!
Keep your home in tip top shape by repairing or replacing things as needed. Don't let a little problem turn into a BIG problem. Replacing the roof or windows will provide an 80% return.
3) Curb Appeal, Curb Appeal, Curb Appeal.
The first impression is everything. Keep you home looking nice by maintaining the yard, painting the trim and replacing the siding. New siding can put out a 93% return.
4) Add a bathroom.
3 bedroom, 1 bath... Not too family friendly. Adding an additional bathroom can open up your buyer potential greatly. Turn that extra large laundry into a small laundry and new bathroom. You'll get an 86% return on that home improvement.
5) Upgrade existing bathrooms.
Looking for 100% return? Then rip out that pink bathroom tile, build a walk in shower and call it a day. Today's buyer doesn't have time to soak in that Olympic sized jetted tub. Give them a spa like home retreat with plenty of storage.
6) Minor Kitchen Remodel.
Notice the word MINOR... Don't go overboard and buy all the latest, greatest, most expensive appliance and finishes or you won't see much of a return. Make smart, economical upgrades that give your existing kitchen a face lift to see 100% return. New cabinet fronts, new counter tops, a fresh coat of paint and reasonable updated appliances.