It looks as though people are starting to think about making a move already this season! According to www.homegain.com the top five home improvements that Realtors recommend to home sellers based on cost and return on investment (from highest to lowest ROI) are:
1. Cleaning and de-cluttering ($200. cost/ $1700 price increase/ 872% ROI)
2. Home staging ($300. cost/$1780 price increase/586% ROI)
3 Lightening and brightening ($230. cost/$1300 price increase/473% ROI)
4. Landscaping ($320. cost/ $1500 price increase/ 473% ROI)
5. Repairing plumbing ($385. cost/$1250 price increase / 327% ROI)
Cleaning and de-cluttering continues to rank as the top suggest home improvement (since the survey was originally done in 2000).
Rounding out the top 12, the list of low cost, do-it-yourself home improvements include: updating electrical, shampooing carpets, painting interior walls, repairing damaged floors, updating kitchen, painting outside of home and updating bathrooms!
The home improvment projects with the highest price increases to a home's resale value are: updating the kitchen ($1200 cost/$2850 price increase), followed by painting the outside of the home ($900 cost/$1815 price increase) and home staging ($300 cost/$1780 price increase)
Comments(3)