Six Home Improvements That Pay Off When Selling Your House
When selling your house, there are always improvements the house needs, some of those upgrades may not be add value to the house while others do make the house selling for higher price. For this reason before making a decision to what need to be fixed, it is recommended to do a little research.
So, many sellers ask this questions, how do you determine what may be worth the extra money for a good return?
Zillow did a survey and analyze recent sales data to create a list of six home improvements that pay off and the buyers will love. The best part, it can give you a great return on your money.
Here there are the best home improvements before selling a home
1.Renovate the Bathrooms
If you have not done a bathroom renovation in more than 5 years, before selling your house this should be priority number one to get the most value for the house. A mid-range remodel, which means updating the toilet, light fixtures and maybe the sink, it could be around $3,000 per bathroom. According to Zillow “a bathroom remodel of this type results in a $1.71 increase in home value for every $1 spent on the project”
2. Add Insulation to the Attic
The attic is something that many sellers ignore, but buyers pay attention to. A great tip to improve the value of your home is to add new insulation to the attic. By doing this you can get 100% of your investment according to Remodeling magazine. On the other hand Zillow report says, ” national average investments of $1,200, for insulation will get back $1,482 or 116.9% return.
3.Make the Front Entrance Pop
A low cost renovation is updating the front door, by either replacing it for a new one, or just painting it. Also do some touch up paint to the entrance. This can provide a 96.6 return on your money accoding to Zillow. If you want to be more creative you can add new siding to the entrance, and painting the entire front of the house, but the cost is more expensive over $5,000, but it will add a better curb appeal. This is a home improvement that pay off and adds value to the house.
4. Kitchen Updates
The Kitchen is another part of the house you cannot ignore as home owners tend to spend the majority of the time there. Every small investment that you make, it will definitely pay off. Just making small changes like replacing the kitchen hardware, can take years off from a dated kitchen. Another small improvement can be new paint, make sure to use a neutral color like beige or light gray
5. Update exterior siding of the house
This is another one of the home renovations that add value. The external house appearance is very important. A great tip is to upgrade to engineering siding. The cost can be in over $10,000 to embark in this projects and can go higher depending on the size of the house, but it can provide a 78.6% return of your money according to Zillow report. It can be one of the best renovations to increase home value. When we remodel our houses, we make sure the exterior siding is in the best condition possible
6.Add a new Garage Door
This is something that many sellers will ignore, but it will increase the curb appeals, that is extremely important for a buyer to get excited about the house and making wanting to go inside.
A fresh coat of paint can be just enough to save some money or just simple add a new door. The cost of a new door and installation can be around $1,652 according to Zillow and return can be around 91.5%
As you can see to get the most out of your house and sell it at full retail price, comes with a price tag that involves doing some minor renovations to major upgrades in kitchen and bathrooms.
I hope you will consider doing these 6 home improvements that pay off when selling your house , To See complete report click here Zillow.
Also as a homeowner you need to consider the time to meet contractors, analyzed their bids, call the referrals and then coordinate the work.
In some cases this can be overwhelming for some or others don’t have the resources to do the upgrades
Our company buy homes in As-is condition so home owners don’t have to fix anything. We buy houses in the Houston Area and Surrounding markets
If you have a house that needs updates, please give us a call at 281-710-8525