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Considering the huge undertaking selling a home can become, there are some home improvement projects which can dramatically increase value and help spruce up the home for sale. The following are just some of the projects that can help yield best returns on investment.
Focus on projects that do not cost a lot of money up front but buyers will take notice straight away. Painting, landscaping, refinishing and replacement of fixtures inside and outside the home all help lend themselves to greater value.
Curb appeal may be the most important focus of selling a home. If the curb appeal is low, many people will not want to come inside to have a look. Some of the improvement projects with highest return on investment actually take place outside the home. This may include painting, improving landscaping, bushes, flowers, flower beds or even trees with a higher return on investment. Replacing the roof may seem like a big project but has over 100% return on investment (ROI). Easy curb appeal projects may also include:
Smaller renovations can have huge impact on potential buyers. Renovating a bathroom or kitchen may seem like a good idea but while it may add major value, it can also cost more up front than will be returned on sale. Smaller renovations are sometimes the way to go, including:
Kitchens are a major focal point of attention for buyers. If it is smaller and outdated, it may be worth spending some money to update. Think small and only go bigger if needed:
Bathrooms are a big point of interest for buyers but do not have to be grand to be of value. Start small with details like new fixtures, sink or refinished tub. Updating the vanity is an inexpensive, easy way to add value. Larger projects that hold ROI include complete replacement of a tub or toilet with a near 100% return in value.
When considering home sales in 2017, Choice Properties is the place to go. We have experienced realtors in Ohio ready to help you buy or sell that property and walk you through the process. We have a wealth of information and resources to educate you on how to get best value for your money. Call us to get started!
