Fixing up your home is one of the most important parts of getting it ready for the market, but how do you know which home improvements pay off? You’ll need to choose wisely in order to see a return on investment (ROI) and recoup a good portion of the money you spend on these projects.
Here are some of the best home improvement projects to do when you’re getting ready to sell:
- Entry door replacement: This one tops the list. When you replace your entry door with a 20-gauge steel one, you could recoup up to 96 percent of the cost.
- Deck addition: Adding a wooden deck to your home is another worthwhile project to do. Decks are a valued addition, since they give homeowners a functional yet visually appealing space to enjoy the outdoors.
- Garage door replacement: You don’t have to go all out when replacing your garage door. In fact, mid-range replacements have a higher ROI than upscale replacements.
- Siding replacement: This one is more expensive, but it still pays off. You’re likely to see the best results when replacing your siding with fiber-cement siding, which has a recoup ratio of 87 percent.
- Attic bedroom: You don’t have to build onto your home to add a bedroom. Instead, have one built in your existing attic space. This makes a great room for guests or family members who move in.
- Minor kitchen remodeling: Doing simple things, like replacing the hardware on your cabinets and cupboards, can boost your home’s value.
Need more info on which home improvements pay off? Contact Donna Hatch and ask about the ERA Shields exclusive 10K listing program and how it can sell a home faster.
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