Raise Your Home Value in 10 Steps

Raise Your Home Value in 10 Steps

The top 10 home improvements are listed by the greatest return on investment (ROI):

1. Cleaning and de-cluttering ($290 cost / $1,990 price increase / 586% ROI)

2. Lightening and brightening ($375 cost / $1,550 price increase / 313% ROI)

3. Home staging ($550 cost / $2,194 price increase / 299% ROI)

4. Landscaping ($540 cost / $1,932 price increase / 258% ROI)

5. Repairing electrical or plumbing ($535 cost / $1,505 price increase / 181% ROI)

6. Kitchen and bathroom ($1,265 cost/$3,435 price increase/172% ROI)

7. Replace or shampoo carpets ($647 cost/$1,730 price increase/169% ROI

8. Paint interior ($1,012 cost/$2,112 price increase/109% ROI)

9. Repair floors ($931 cost/$1,924 price increase/107% ROI)

10. Paint exterior ($1,467 cost/$2,222 price increase/51% ROI)

What’s interesting is how consistently listing agents recommended the same home improvements. Nearly 100% of listing agents recommend cleaning and de-cluttering, while 97% recommended lightening and brightening and 80% recommended staging. These top three categories cost just a little over $1,000, yet netted sellers as much as $5,734 at closing.

As defined by HomeGain, the top three money-makers for sellers are:

Cleaning and decluttering: Remove personal items; wash and clean all areas inside and outside of house; freshen air; remove clutter from furniture, counters and all areas of the home; organize closets; polish woodwork and mirrors, etc.

Home staging: Add fresh flowers; remove personal items; reduce clutter; rearrange furniture; add new props or furniture to enhance rooms; play soft music; hang artwork on walls, and more.

Lightening and brightening: Open windows; clean windows and skylights inside and outside; replace old curtains; remove other obstacles from windows that block out light; repair lighting fixtures; make sure windows open easily, among other suggestions.

It takes money to make money, and that’s never been truer than when you’re selling your home.

 

Click here to read more: http://realtytimes.com/consumeradvice/sellersadvice1/item/32928-20150219-raise-your-homes-value-instantly

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