Top 10 Home Improvements for Your Buck
October 5th, 2009 categories: Selling your Home
Everyone is trying to squeeze every dollar, dime, and cent out of their property these days. Modest home improvements can make a big splash on the saleability of your home as well as your bottom line when it comes time to sell… in no particular order, here are the Top 10 Home Improvements for Your Buck to help you get the most out of the sale of your property…
1. Lighten and Brighten
Typical cost: $233-$370
Average increase in sales price: $1,178-$1,566
2. Clean and De-Clutter
Typical cost: $190-$318
Average increase in sales price: $1,505-$1,937
3. Home Staging
Typical cost: $403-$584
Average increase in home price: $1,936-$2,431
4. Landscaping front/back yards
Typical cost: $378-$546
Average increase in home price: $1,718-$2,158
5. Repair Damaged Flooring
Typical cost: $628-$878
Average increase in home price: $1,633-$2,061
6. Fix Plumbing, Electrical
Typical Cost: $436-$621
Average increase in home prices: $1,205-$1,590
7. Update Kitchen and Bathrooms
Typical Cost: $1,404-$1,828
Average increase in home price: $3,216-$3,934
8. Replace or Shampoo Carpeting
Typical cost: $562-$808
Average increase in home price: $1,532-$1,950
9. Paint Exterior Walls
Typical cost: $663-$938
Average increase in home price: $1,757-$2,205
10. Paint Interior Walls
Typical cost: $651-$920
Average increase in home price: $1,741-$2,179
These modestly priced renovations and repairs can help you net a significantly higher amount of money for the sale of your home or take a home that is difficult to sell or ‘unsaleable’ and make it a hot commodity.
The above data was taken from a 2007 HomeGain survey of over 2,000 real estate agents nationwide. If you need suggestions for reputable vendors for any of the projects above, give me a call and I will be happy to tell you who I have worked with in the past and who you should consider to help with your property renovations.
