Top Home Improvements with the Best ROI1/12/2019
First of all, this is a safe space. A no judgement zone. At the current moment I am writing this while my Christmas lights on my home are still up. Oh yea….and my tree too, but I did take off the ornaments if that makes it any better (it doesn’t). So do I have any business writing to all of you about what you can do to your home? Probably not, but you know what? There is no time like the present to start those home projects you (and me) have been putting off.
Does your home look like the pictures in all those home magazines? If so, stop reading.
No? Ok then carry on with me my friends!
If you are in your forever home, return on investment (ROI) is not something you may be particularly concerned with. For others who are outgrowing their home, or ready to downsize, the money you spend on your home in improvements is something you want to be able to use to your advantage, to increase the sales value of your home when ready to list. And let’s face it, this Midwest winter has been borderline “balmy” this season, so no reason to put off making a plan for your future sale.
First and foremost, home buyers search for properties with good bones. Ensure there is no deferred maintenance, and then consider a few updates to give your home a makeover. So without further ado, here are the top home improvements which have been shown to bring the best bang for the buck.
- Yard clean-up and landscaping
- Complete home cleaning and de-cluttering
- Replacing the front door
- New siding, exterior repairs and/or fresh paint
- Kitchen and/or bath upgrades. New countertops, fixtures, cabinetry
- Deck and patio additions, outdoor kitchens and/or BBQs
- Addition of living space; bonus rooms, extra bathrooms
Clearly some of these items are more expensive and time consuming than others. Speak with your REALTOR about where your current home’s value is, and what is worth completing to make sure you are not under water when it comes to list!