4 Home Improvements that Bring the Highest ROI for Charlotte Home Sellers
I recently showed a lovely couple a home, which they ultimately purchased, that had a mac-daddy kitchen - all of the bells & whistles, including a brand new commercial grade Wolf 6-burner range with griddle. This range is one that most buyers would ooh and ahh over - not these buyers! These buyers don’t cook at all - in fact, they were more worried about the microwave than any other kitchen appliance! The kicker - the Wolf range was brand, spanking new - it had never been used. The sellers had just remodeled their kitchen for resale.
What’s wrong with this picture? First, the sellers, thinking that their massive kitchen remodel would lure buyers, went over-the-top with their improvements. In fact, the kitchen didn’t lure the actual buyers at all! Secondly, the buyers had zero appreciation for that kitchen - they were outdoor people and would loved to have had an outdoor fireplace instead of a Wolf range.
The moral to the story, it’s wise to speak with your real estate agent to see what buyers are shopping for — find out what the most sought-after improvements are in today’s market. Representing many of our own sellers as buyers in our marketplace, we often remind them to consider what they, as buyers, are in search of.
Charlotteans love the Great Outdoors and outdoor space is a top priority for Charlotte home buyers searching for their dream home. My advice to Charlotte home sellers is to always investigate what is ‘selling’ at the moment - trends/buyer preferences tend to last a couple of years. Some are sustainable for a decade (like hardwood flooring) but, others tend to come and go after 2-5 years.
One of the most important updates a seller can do to a home, bringing top ROI, is install a new roof - that's been the case for decades. There is such a 'stigma' to having to add a new roof - buyers believe the cost of adding a roof is far higher than it actually is and they simply don't want to spend the money doing that within a year of purchasing a home. They'd rather spend their money on something more 'exciting' for their new home! So, when shopping for a home and a new roof is being marketed, buyers believe that new roof is a huge bonus.
Put yourself in your buyers’ shoes - then, make the smartest adjustments/improvements for your ROI. Here are the top 4 home improvements that should bring you 100%+ ROI:
The bottom line? If you're thinking about selling your home in the Charlotte Metro region, let's talk!
Hiring the RIGHT Charlotte Realtor® is critical to your home selling success!
Give me a call or shoot me a text at (704) 491-3310 or email me at CharlotteBroker@icloud.com.
© Debe Maxwell | The Maxwell House Group | CharlotteBroker@icloud.com | 4 Home Improvements that Bring the Highest ROI for Charlotte Home Sellers
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