Many people looking to sell their home on Oahu are taking a renewed look at home improvements prior to putting their home on the market. Gone are the days when it was easy to sell any home, regardless of the condition. Home buyers want to see upgrades and homes that are upgraded and priced right are still in higher demand than fixers.
The Honolulu Board of REALTORS recently published a report, courtesy of the Overhead Door Corporation, and using data from Remodeling 2010-2011 Cost v Value Report, listing the Home Improvements with the greatest return on Oahu.
Topping the list in the value to cost comparison were replacing entry (222.7% return on cost) and garage doors (180.8%). Other exterior improvements such as roofing (99.4%), vinyl siding (111.2%), vinyl window replacement (111.2%) and wood decks (125.5%) were also on the Top 10 list. And, of course, minor kitchen remodel (119.8%) and bathroom remodel (108.8%) were on the Top 10 list. All of these improvements reaped a return of almost 100% or more over cost, according to the data.
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