Alan Blake, Real Estate Education Blog (ZoomProperty)

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Rainmaker
470,034
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

Painting, updated flooring, Stainless appliances, updated countertops, updated bathrooms

Sep 12, 2019 12:55 PM
Rainmaker
5,425,095
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Painting and carpet are high on the list.

Sep 12, 2019 12:18 PM
Rainmaker
3,133,625
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I can't add much to what's already been said except maybe to make sure that landscaping and backyard are manicured... curb appreal is a must. And in many markets these all don't really add "value" per se... they make the home easier and quicker to sell at top of market value.

Sep 12, 2019 02:43 PM
Rainmaker
1,312,663
Wayne and Jean Marie Zuhl
Samsel & Associates - Clark, NJ
The Last Names You'll Ever Need in Real Estate

Most home improvement projects add value, but none add more value than they cost.

Sep 12, 2019 02:15 PM
Rainmaker
558,344
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Updated Kitchen & Bathrooms. Landscaping. No deferred maintenance- so clean gutters, fresh paint, everything working right. I am also a big fan of a special feature that makes the property stand-out over others. Maybe it's an Inlaw apartment, a Bar in the Family Room or a Hot Tub & Pool with Deck or Patio. Maybe it's something simple, like upgraded lighting or a Chandelier.  

Sep 12, 2019 01:24 PM
Rainmaker
2,464,514
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A smart kitchen, cozy bath and good floor coverings still hold-up. Fresh paint, landscaping and a clean home all market well too

Sep 12, 2019 01:21 PM
Rainer
239,797
J.R. Schloemer, CRS
Kentucky Select Properties - Louisville, KY

Please educate me more on this subject. What home improvements add value in your marketof Berryville, TX?

Sep 12, 2019 02:02 PM
Rainmaker
5,038,302
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

it depends on the magnitude of the home.... but typically, an updated kitchen and updated bathrooms....

Sep 12, 2019 01:38 PM
Rainmaker
4,491,482
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Alan,

I would add kitchen, master bathroom to the comments given thus far. Of course it has to make sense numbers wise. A

Sep 12, 2019 01:15 PM
Rainmaker
933,096
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Tackle all the deferred repairs before you make it pretty!

Then...

Kitchen, Bathrooms, Windows, Paint, Flooring, Landscaping

Sep 12, 2019 07:04 PM
Rainmaker
3,303,449
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Painting and flooring may get you 100% plus return. All others, not so much!

Sep 12, 2019 03:27 PM
Rainmaker
1,621,977
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

Most projects add appeal and comfort but none or few actually put you on the plus side financially.

Sep 12, 2019 07:10 PM
Rainmaker
722,159
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

No one posted this??

Comes out annually and is REGIONAL. Very valuable info!

Remodel Mag 2019 Cost Vs Value Report

 

Sep 12, 2019 05:33 PM
Ambassador
4,268,812
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Landscaping, repairs, paint, kitchens, baths

Sep 12, 2019 05:24 PM
Rainmaker
737,900
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Kitchens and bathrooms.

Sep 12, 2019 04:41 PM
Rainmaker
417,588
Dan Pittsenbarger
Keller Williams Western Realty - Bellingham, WA
Improving Conditions

Fresh paint, flooring, kitchen counter back splash and counter tops (if needed) along with yard clean up and beauty bark or other fresh ground cover in the flower beds typically bring the best return for dollars expended.

Whether or not one makes a profit on the dollars expended largely depends on what one is starting with. I've had such improvements actually net the seller $20K or more profit on the dollars spent. On a home that what pretty good to begin with - we're mostly looking at improvements to help get the home sold and "probably" get the expended funds back.

Sep 12, 2019 03:30 PM
Rainmaker
16,099
Mike Easton
Movement Bank - Charlotte, NC
Creative lending solutions from coast to coast

Kitchens, bathrooms and curb appeal! Another great way to dig deeper into this is by looking at the comparables from an appraisal report and seeing what adjustments were made to the subject and the comps so you can know EXACTLY what weighs in and how much. Since real estate is so specific to location I think this 'age old' question is loaded but this is probably to only true way to 'actually add value to the home' because you're taking the professional appraisers opinion of value and improving upon it while not pricing yourself out of the neighborhood.

Sep 13, 2019 06:26 AM
Rainmaker
157,776
Eva B. Liland Century 21 Doug Anderson
Century 21 Doug Anderson - Lancaster, CA
Glad to be of Service 661-714-1643

Kitchen and bathroom remodel is the common answer. But in my opinion, that is just cosmetic. Newer plumbing, electric, furnace, A/C and roof and hiring an experienced home inspector to really find out all there is, would be my choice. Contacting a Realtor  well in advance before any work is done and have the seller fully understand the advantage/disadvantage of each "remodel" will make them the most money as wel as the least. Or if you represent the buyer, educate them of the pro's and con's. Cosmetic can always be done later by the buyer tomake the house to their own taste.

Sep 13, 2019 01:18 AM
Ambassador
3,354,447
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Curb appeal improvments and backyard hardscaping are supposed to be #1 (based on NAR reports). In the Charlotte area, kitchen & bath improvements as well as flooring & paint. 

Sep 13, 2019 10:56 AM
Rainmaker
2,800,246
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I am with Wayne Martin on this ... and it depends on the property and the location ... and what the particular market is doing.  Sometimes it just makes sense to clean it up inside and out.  Knowing the market is key. This is NOT a one size fits all formula.  Some may say it is ... I disagree.

Sep 13, 2019 09:02 AM
Rainmaker
1,549,285
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Kitchen always rates #1. Same answer for both of your questions.

Sep 13, 2019 06:40 AM
Rainmaker
3,021,716
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Kitchen, bathrooms, roof, siding, windows, heating system, paint and flooring. 

Sep 13, 2019 05:40 AM
Rainmaker
768,063
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Indoor pools. Solarium's. Koi ponds and don't forget the gravel drive to alert the owner when a visitor has arrived.

Best roi before sale is repair, clean, paint, update.
A house with obvious obsolescence must limit the investment to resale potential. $100,000 to upgrade an obsolete kitchen could be a really bad decision.

Sep 13, 2019 04:58 AM
Rainmaker
442,871
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

All home improvement projects add value. The question is how much and which ones pay for themselves.

Sep 13, 2019 04:21 AM
Rainmaker
3,054,284
Richard Weeks
Dallas, TX
REALTOR®, Broker

In my opinion: paint, carpet, front landscaping.

Sep 13, 2019 03:24 AM
Rainmaker
1,247,467
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Are you on Reddit too?  Could have sworn I saw this exact question pop up in my daily email from them.

 

Move-in ready is preferred.

Sep 12, 2019 09:46 PM
Ambassador
4,013,752
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

No doubt it varies by market but simple cosmetic changes are unlikely to add much value, but they will make the home more appealing compared to the competition. Updated kitchens and baths certainly help, as do new appliances.

Sep 12, 2019 08:41 PM
Rainmaker
749,785
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

It can depend on what you're starting with. Sellers need to be careful not to overspend when doing remodeling and improvements.

Sep 12, 2019 06:23 PM
Rainmaker
631,607
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

Kitchens and bathrooms 

 

Oct 12, 2019 11:24 AM
Rainmaker
4,107,206
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Kitchen & bath updates, carpet/hardwood flooring/tile and windows.

Sep 28, 2019 05:13 PM
Rainmaker
690,231
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Modern kitchens and bathrooms are very popular.

Open and spacious kitchen and family room renovations are also very popular.

Sep 18, 2019 03:14 PM
Rainmaker
3,204,315
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Carpeting is always a big one.

 

Sep 17, 2019 09:18 AM
Rainmaker
1,602,856
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Kitchen, bathrooms

Sep 15, 2019 09:47 PM
Ambassador
3,112,611
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

It all depends on where in my area you are in...

Sep 13, 2019 12:59 PM
Rainmaker
1,022,144
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

New kitchen

Sep 13, 2019 06:13 AM