What are the best ways to boost your home’s value before selling? We’re looking at the top four today.
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Today I wanted to share the top four home renovations that will maximize your return on investment when it comes time to sell. The list comes from HGTV and gives you a good idea of what is going to be worth your while:
1. Minor bathroom renovations. Putting in a new vanity, a new toilet, mirror, or repainting are all good ideas. Something like this won’t cost much, but could bring you a return of over 100%.
2. Updating your landscaping. A big trend right now is synthetic grass. It’s a bit costly at the beginning, but it’s much more practical for buyers looking for lower water costs. It’s the first thing buyers will see when they visit your home in person and increasing your curb appeal here will also get you around a 100% return on your investment.
Synthetic grass can be costly, but it can also get you a 100% return on your investment.
3. Minor kitchen renovations. Putting in new cabinets, a new backsplash, and new tile are all great ideas. The cost is minimal, but the investment will get you around a 95% return.
4. Exterior home improvements. These include things like redone sidings, patching stucco, painting, and updating the front door or eaves. This will get you around an 87% return on your investment.
These improvements will not only keep your home in great condition and get you a great return, it will help your home sell faster and for a higher price. If you have any questions for me about any of these improvements or anything else relating to the real estate market, don’t hesitate to give me a call or send me an email today. I look forward to hearing from you soon.
Kevin Smith
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