Top 3 Home Upgrades to Get Top Dollar when you Sell!

 
 

When considering an update to your home, you may be wondering, 'will I get the money back that I paid for this update?' Or, 'will this upgrade end up adding value to my home when I sell?' This is a great question and one that everyone (in my humble opinion) should ask when making an update or improvement to your home! It may surprise you that some updates can even have a negative impact on your home when considering how it is perceived by the buyer population! I always have my focus on your home's value as it relates to your financial investment and if you or your friends are thinking of selling in the next 5 years or so, there are certain home upgrades and improvements that will get you more 'bang for your buck!' Here are some examples:

#1: Minor Bathroom Remodel: This one has been a game changer for our clients! Coming in at #1 because of an average of a 102% rate of return according to HGTV!

#2: Improve the Landscaping: This one came in at 100% rate of return, however I think it could be even higher! Think about how much time these buyers are going to spend at the door while their agent is opening the lockbox checking things out!

#3: Minor Kitchen Remodel: 98.5% rate of return. It's a popular saying in our business that the kitchen sells the home - don't underestimate the power of the kitchen!

Bottom line: these are the 3 areas to spend a little time and money to get big returns when selling your home! As you and the people you care about get closer to time to consider listing, remember to reach out to me so that we can get more specific on these numbers and have a conversation about staging your home to sell. I am here to help you protect your greatest investment - your home!

To read the HGTV article and find out the other 12 ways you can increase your home's value before listing, click here.

 
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