The Best Remodels for Resale Value

Major upgrades and improvements aren’t always necessary. There
are simple upgrades you can make that will help sell your home
and won’t break the bank.



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I hope 2017 has gotten off to a great start for you. I wanted
to drop by today to talk to you about what you can do to invest in
your home. A lot of homeowners want to make repairs and remodels
before they sell, but they don’t know which repairs they should
avoid and which ones will add the most value.

If you have plans to remodel and want to make sure what you do is
good for resale purposes, that’s a great idea. The first thing
you’ll need to accomplish this is expert advice. That’s where we
come in.
It’s true that kitchens and bathrooms are a big deal to buyers.
However, don’t make the mistake of over-improving them. The
additions you make will only return 55% to 65% of what you put
into the project.



"It’s true that kitchens and bathrooms are a big deal for
buyers."


However, if you do a minor renovation to a kitchen or bathroom,
such as adding a new tile backsplash or a vanity, you’ll recoup 75%
to 85% of that investment on average. Sometimes, we don’t even need
to go that far. Often, a little bit of freshening up, whether that
involves adding some lighting or replacing the counter, will net
you the most positive return on investment.
Some other places where you can get 90% or more of your money back
include entry doors, garage doors, and adding insulation. I have
two clients right now who are getting ready to list in the next few
weeks. The return on investment they will see from what I
recommended is going to be three to 3.5 times what they put into
it.
If you have any questions about your specific real estate situation
or have any real estate questions in general, give me a call or
send me an email. I look forward to hearing from you.