Which Home Upgrades Pay Off the Most When It's Time to Sell

By
Real Estate Agent with CEO - Dale Ross Realty Group 0316603

Any time that I speak with a homeowner about selling their home, I ask about improvements. It's important to know the details of every improvement that's been put into a home before it goes on the market, whether they were completed by the current owner, or the improvements were in place when they bought it.

This information is crucial because different home improvements will have an effect on the sale price of the house. Some will pay dividends, while others are neutral. Some can even cost you more during the sale than what was originally paid for the improvement.

I've compiled the following list to help you determine whether or not it is worthwhile to make certain improvements. After all, the return of enjoyment should also be considered along with the potential financial return. If enjoyment is your only focus, you may find yourself regretting an expensive improvement down the road!

Add Value Neutral Value Will Cost You At Sale
Wood Floors Low-Flow Toilets Odd-Color Tile
Swiming Pool Water Treatment Inferior Laminate Floor
Covered Patio Driveway Extention Wood Siding
Perfect Paint Solar Screens Drapery
Landscaping Water Heater Solar Panels
Plantation Shutters Stand Alone Hot Tub Under Sized Pool
A+ Natural Carpet Floored Attic Crusty Front Door

 These are just a few of the most popular items among homeowners who are looking to make improvements, but you'll notice that a third of the list will actually cost you money when it comes time to sell your home. Think about these, and any other improvements, carefully.

If you're considering an upgrade and you're curious about the future value, then give me a call and let’s talk about it. In my decades of real estate experience, I've seen it all, and I'm always happy to help.

Dale Ross

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Rainer
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Cody Carmen
Adhi Schools, LLC - Rancho Cucamonga, CA
Market Analysis--Educational Content, Adhi Schools

Dale, thank you for the article. This is very informative. I have researched some of these improvements myself and come up with largely the same conclusions. I have done a decent amount of research and written on solar panels though, and I half agree with you, half disagree.

A problem with solar on a lot of homes for sale is the long term lease. Potential buyers have to assume that responsibility and qualify for it. This can hurt value.

But I've also found stats to suggest that fully owned solar panels can increase selling price (although not always offsetting the cost of the investment [insert math on original cost minus how much they have saved in bills minus increase sell price, etc.]). It is clearly a complicated invetment decision that is not a fiscally sound choice for many people, but for many it can pay off. 

Jun 02, 2016 02:14 AM #1
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