Tuesday, August 30, 2022 / by Sydney Stahr
Top 5 Home Improvement Projects with Higher ROI
Ah.... It's the tail end of summer.
Still pretty hot out with the promise of cooler days ahead. Even Starbucks has their famed PSLs on the menu again! (Pumpkin Spice Lattes, for those that don't like acronyms). It's also time to do less outdoors and more indoors! If you find yourself getting into the "end of sun" funk, here's some renovation ideas that will provide the best return on investment.
1. Landscaping
The time between summer and fall is the best for attacking those evil weeds and getting your lawn ready for the rain it desperately needs. Cleaning up those flowerbeds, cutting back the dead branches, and even installing pavers garden edging are relatively inexpensive options and can increase curb appeal immediately.
2. Update Kitchen Appliances
Got a dishwasher so loud you can't think when it's running? How about a refrigerator that looks like it belongs in the 1990s? One of the biggest turnoffs for buyers are dated and dingy appliances. Replacing these older appliances can make the kitchen feel more inviting and, as a result, command a higher selling price.
3. New Front Door
One of the first things buyers see (besides the yard) is the front door. Sometimes it can be as simple as painting it if the seals are still good. Replacing the front door is easy and will make a world of difference in the home's overall appearance. Many buyers will eliminate up to 50% of available homes based on "drive-by" inspections. They need to want to see the inside of the home based on the exterior appearance, and the front door can help with that.
4. Windows
Glass replacement is hard to come by right now. But if you have the time and cash to spare, updating your windows will bring a rather large return on your investment. As windows get older the seals tend to fail which lowers the overall energy efficiency of the home. Most buyers we've represented lately have asked for older windows or windows with failed seals to be replaced as a part of the agreement, so one might as well get everything squared away before listing in the first place.
5. Painting
If you've gone color crazy and every wall is a different shade of the rainbow, you may be asked by your agent to repaint with more neutral tones. There are not very many buyers out there that will appreciate the artistic genius behind bright colors on every surface and neutral colors also give the feeling of larger and cleaner spaces.
Hopefully this sheds some light on some relatively inexpensive renovation ideas that can help boost the value of your home. These are the main things we, as agents, discuss with our sellers at every listing consultation and walkthrough we conduct. For more information or advice, contact us today!
Still pretty hot out with the promise of cooler days ahead. Even Starbucks has their famed PSLs on the menu again! (Pumpkin Spice Lattes, for those that don't like acronyms). It's also time to do less outdoors and more indoors! If you find yourself getting into the "end of sun" funk, here's some renovation ideas that will provide the best return on investment.
1. Landscaping
The time between summer and fall is the best for attacking those evil weeds and getting your lawn ready for the rain it desperately needs. Cleaning up those flowerbeds, cutting back the dead branches, and even installing pavers garden edging are relatively inexpensive options and can increase curb appeal immediately.
2. Update Kitchen Appliances
Got a dishwasher so loud you can't think when it's running? How about a refrigerator that looks like it belongs in the 1990s? One of the biggest turnoffs for buyers are dated and dingy appliances. Replacing these older appliances can make the kitchen feel more inviting and, as a result, command a higher selling price.
3. New Front Door
One of the first things buyers see (besides the yard) is the front door. Sometimes it can be as simple as painting it if the seals are still good. Replacing the front door is easy and will make a world of difference in the home's overall appearance. Many buyers will eliminate up to 50% of available homes based on "drive-by" inspections. They need to want to see the inside of the home based on the exterior appearance, and the front door can help with that.
4. Windows
Glass replacement is hard to come by right now. But if you have the time and cash to spare, updating your windows will bring a rather large return on your investment. As windows get older the seals tend to fail which lowers the overall energy efficiency of the home. Most buyers we've represented lately have asked for older windows or windows with failed seals to be replaced as a part of the agreement, so one might as well get everything squared away before listing in the first place.
5. Painting
If you've gone color crazy and every wall is a different shade of the rainbow, you may be asked by your agent to repaint with more neutral tones. There are not very many buyers out there that will appreciate the artistic genius behind bright colors on every surface and neutral colors also give the feeling of larger and cleaner spaces.
Hopefully this sheds some light on some relatively inexpensive renovation ideas that can help boost the value of your home. These are the main things we, as agents, discuss with our sellers at every listing consultation and walkthrough we conduct. For more information or advice, contact us today!
