Q: What Projects Have the Best ROI?

These three simple home updates will get you the best ROI when selling.

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What upgrades will get you the best return on your investment when selling your house? To get the maximum value out of your home projects, focus on smaller tasks; they can actually have a larger impact on the aesthetic appeal of your house without breaking the bank. Here are three of the best ROI updates:

1. Small bathroom remodel. This could be as simple as getting new countertops, repainting to a brighter color, or re-tiling the shower. All these projects will have a massive impact without having to completely demolish the bathroom. These projects alone can bring a 102% return on your investment.

2. Update landscaping. Landscaping is the first thing buyers see when looking at your property, aka curb appeal. You can simply add fresh mulch and plant flowers. You only get one chance to make a wonderful first impression, and vibrant landscaping can certainly boost curb appeal. The average investment for landscaping is a bit pricier: $3,500. However, it almost always has a 100% return on investment.

3. Minor kitchen facelift. Repainting the cabinets and getting new hardware will make an outdated kitchen feel new again. These modest changes can bring around a 97% return on investment.

Landscaping is the first thing buyers see when looking at your home.

We have excellent connections with contractors and designers that can help with any of your home project needs. If you’d like a referral or have other real estate-related questions, please feel free to give us a call at (201) 825-1266 or email us anytime. We’d love to hear from you. Most importantly, at this time, please stay safe and healthy.

1 comment :

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