If you’re considering selling your home, then you’ve probably thought about fixing the house up some before placing it on the market. Many homeowners think they need to do renovations prior to selling their home because they believe it will net them more
money. While in some instances this is true, but not all renovations will bring in a higher selling price. Before you start putting more money into you home to fix it up, here’s a list of the top renovations that are likely to net you a higher ROI.
Approximate Cost $10,500
Approximate ROI 102%
By taking the time to update the bathtub, flooring, sink, and vanity you bring new life into the room. The potential return on investment is over 100 percent. So, slap on that fresh coat of paint and get to work.
Approximate Cost $4,900
Approximate ROI 100%
If you don’t have a green thumb, that’s ok. Consider hiring a professional to help with landscaping. With pops of color from the flowers, shrubs, trees and a great flagstone walkway, the curb of appeal of your home will have buyers flocking.
Approximate Cost $15,000
Approximate ROI 98.5%
If your kitchen has a good floorplan, but needs some updated features, this is a remodel you’ll probably want to consider. Refacing the cabinets, adding new countertops and some under the cabinet lighting is a great place to get started.
Approximate Cost $7,200
Approximate ROI 95.5%
I know I already mentioned landscaping, but you might also consider replacing the front door, new siding or repainting the exterior of the home. Coupled with the fresh landscape, your home will be the best looking one on the block.