| 150% |
Remodeled Kitchen
A kitchen update can reward a seller with a sizable
payback. Just remember though; splurging on fancy finishing
materials or sophisticated equipment may cut into your
profit. Keep it simple. |
| 100% |
Revitalized Lawn and Garden
A verdant lawn and a modest but colorful flowerbed will
entice potential buyers. The few hundred dollars invested
may yield several thousands in profit. |
| 100% |
Fireplace
Especially if it is energy efficient, such as a gas-powered
model, a fireplace holds the promise of cozy family
gatherings around the warmth of the hearth. |
| 90% |
Second Bath
All it takes is a simple 5x9 foot extra bath to make
mornings more civilized for most families. But don't
count on a return on extras like a heat lamp or whirlpool
tub. |
| 80% |
Room Addition
For the most attractive return of your investment dollars
later on, the added room should be today's popular family
room or a third bedroom. |
| 60 - 80% |
Remodeled Bath
A master bath is on many buyer's list, so invest here.
If you own only one bath, install two sinks or a double
vanity to handle the morning crowd. |
| 70% |
Expanded Master Suite
To keep costs down, try to find extra space to create
this wish list item by combining existing rooms and
spaces. Heavy structural work entailed by adding square
feet diminishes your return. |
| 70% |
Deck
Outdoor living space is a desirable asset no matter
where the locale. No maintenance decking material leaves
lots more leisure time, too. |
| 50% |
Exterior Paint
Sprucing up tired siding, trim, etc., can take years
off the look of an older house. |
| 50% |
Finished Attic
You can expect to recoup more of your investment if
you make sure the renovation does not detract from the
aesthetics of your home. It is especially attractive
as an extra bedroom in a small house. |
| 40% |
Finished Basement
This is a great way to gain added living space without
building a costly addition. If the basement has an access
door to the outdoors, the project becomes more valuable. |
| 40% |
Heating Systems
Replace it only if your old system is dysfunctional.
Depending upon a buyer's priorities, a new energy efficient
furnace may or may not be a selling advantage. |
| 35% |
New Windows and Doors
Buyers appreciate changes that improve the look of a
house, so attractive new French doors, for example,
may be a plus. Energy efficient units are an ecological
boom, but may be a resale bust. |
| 30% |
Garage
Don't go overboard to blend it into your home's architectural
style. Its desirability increases if you live in a part
of the country with a harsh climate. |
