Home Improvements that Yield Big Returns
Before you invest a lot of money into updates for your home, you should consult with your Real Living Sales Professional to determine which improvements will most impact your home’s sale.
Some renovations not only fail to improve resale profits, but could actually detract from your home’s overall value.
So if you’re considering an improvement simply to increase the value of your home, you might consider research from the National Association of REALTORS® and Remodeling Magazine.
The findings? Over-the-top luxury is out, mid-range restraint is in. Boosting living space is in. Put your money where it counts – in first impressions, like replacing the entry door – the only improvement in the cost vs. value survey to return 100% of investment.
Here’s is the list of improvements that provide the most return on investment:
- Kitchen cabinets
- Add or replace tile
- Breakfast bar
- Granite tile countertops instead of slabs
- Freshen bathroom
- Freshen basement
- Room addition
- Replace cabinet fronts
- Replace light fixtures
- Garage door opener (touchpad)
Sometimes less is more. A little improvement in the right areas can go a long way with buyers, without breaking your budget.
