Mar 01

Tip On Getting The Best Return On Home Improvements

home improvementsThe truth is that most home improvements don't increase the value of your house as much as they cost. If you are getting ready to move and want to make home improvements that actually increase the value of your house, check out the Home Sale Calculator at HomeGain. The calculator will help you determine which areas you should concentrate on and list the top 10 home improvements that will give you the most bang for the buck according to home sales agents. Here is an example of their recommendations:

1. Clean / de-clutter - 973% Average Return on Investment: Remove clutter by storing items in basement, attic or friend's home. Rent a storage space or sell excess items, if needed. Keep every room very clean during open homes. Do pre-open house cleanliness inspections.

2. Lighten and brighten - 865% Average Return on Investment: Replace any burnt-out bulbs and use higher wattage bulbs, if possible. Have defective electrical components repaired or replaced. Make sure skylights are clear and keep drapes open during the day.

3. Yard - 426% Average Return on Investment: Store away personal effects from front yard. Hire gardener or landscaper to trim back the overgrowth and maintain yard. Make sure that your lawn has a healthy green appearance.

4. Plumbing and electrical - 260% Average Return on Investment: Consider repairing or replacing any defective plumbing or electrical items in your home. Make sure you have the right person for the job by getting several estimates.

5. Staging - 251% Average Return on Investment: Buy some fresh flowers, live plants and other decorations to liven up the home. Dispose of old furniture or other large items. Consider renting furniture or hiring a staging consultant.

6. Update kitchen and bath - 168% Average Return on Investment: Update kitchen and baths by resurfacing cabinets or painting with neutral color. Replace toilet seats, dated fixtures and drawer/cabinet handles. Freshly caulk and redo grout in countertops, sinks, tubs and showers.

7. Paint interior - 148% Average Return on Investment: Repair any damaged interior walls by patching all chips, holes and cracks; then touch up or repaint interior walls with neutral color.

8. Carpeting = 104% Average Return on Investment: If carpets are only lightly soiled, shampooing and/or spot removal should suffice. If there are rips, fading, heavy wear, smells or deep stains, replace with neutral color.

9. Flooring - 101% Average Return on Investment: Repair and refinish damaged floors, or cover with neutral-colored wall to wall carpet and note damage in your disclosure.

10. Paint exterior - 76% Average Return on Investment: Repaint or resurface the outside walls of house, as needed. Patch and repair any damaged areas.

Comments

  • great tips...great info...www.ifoundacontractor.com

    Aug 14
  • How about sun room additions

    Oct 26
  • NO WHERE DO YOU MENTION THE VALUE OF FIXING OR

    PUTTING ON A ROOF. HOMES IN MEMPHIS TN ARE NEED OF

    ROOF REPAIR. HOW MUCH DOES THIS INCREASE THE VALUE.

    Aug 30
  • Thanks for home sale calculator that will going to help a lot for better planning before you invest for home improvement.

    Jun 02
  • Yes you are right

    Feb 07
  • [...] What I was really referring to are some more tips I found on Getting The Best Return on Home Improvements. The first few are almost free to complete and not usually what people assume when they think home improvement or renovation, but apparently they truly do work: [...]

    Nov 17
  • [...] With a few cost-effective home improvement projects, you can increase the sale value of your home. Tip On Getting The Best Return On Home Improvements includes the average return on investment (ROI) for implementing these improvements. Very useful. [...]

    Oct 26
  • [...] If you are getting ready to move and want to make home improvements that actually increase the value of your house, check out the Home Sale Calculator at HomeGain. The calculator will help you determine which areas you should concentrate on and list the top 10 home improvements that will give you the most bang for the buck according to home sales agents. Make sure skylights are clear and keep drapes open during the day. Email this article Print this article 5 rating from 2 votes Where to next. It would be interesting to see how they came up with these numbers, but I thought it was interesting and wanted to share a few key ones. Summary of: soundmoneytips.com/art... [...]

    Oct 20
  • i definitely agree. all these little things will really brighten up the house! i am probably biased, since i am a stager myself, but having the 3rd person's perspectives really help. if you are not able to spring for the full on staging part, you can also just hire the staging consultant just for their opinions.

    happy selling,

    cindy
    hello@staged4more.com
    iheartstaging.blog.com

    Oct 08
  • [...] Sound Money Tips ” Tip On Getting The Best Return On Home Improvements (tags: home) … MORTGAGES | LIFESTYLE | SAVING | INSURANCE | UNEMPLOYMENT | TAXES … Continue… [...]

    Sep 18
  • [...] Although I have commented on things you can do to help your home sell quickly, the Homegain calculator has been able to quantify the top ten home improvements and what will get you the best bang for your buck. It would be interesting to see how they came up with these numbers, but I thought it was interesting and wanted to share a few key ones. [...]

    May 02
  • [...] I came across this article today and thought it would be a good resource for those thinking of selling in the near future. [...]

    Apr 15
  • [...] For the other seven go and read the full article. [...]

    Apr 12
  • none now

    Apr 07
  • [...] There are more tips on getting the best returns on home improvements so you can determine if your work is in vain. I believe removal of plastic garden gnomes has quite a return as well. [...]

    Apr 07
  • [...] Clutter can be a killer, financially speaking. Sound Money Tips shows that clutter reduction is a simple and cheap way to increase home value. [...]

    Mar 09
  • [...] Sound Money Tips ” Tip On Getting The Best Return On Home Improvements [...]

    Mar 06
  • [...] You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. Add this post to online bookmark systems . Leave aReply [...]

    Mar 03
  • [...] Sound Money Tips » Tip On Getting The Best Return On Home Improvements (tags: home) [...]

    Mar 02
  • If you're referring to those so called "natural" light bulbs that are supposed to look light sunlight in your room, I disapprove lovingly. They make me feel light I've got fluorescents shining all over the place. I'd rather have the warm glow of the incancescent and pay the extra 25 cents a week in electricity.

    Mar 02
  • Do you think that 'cool light' type bulbs or regular 'bright' yellow type incadescent bulbs are better? Or is this purely based on the room type? Thanks for the neat list though.

    Mar 02
  • [...] Tips On Getting The Best Return On Home Improvements [...]

    Mar 02
  • [...] Sound Money Tips » Tip On Getting The Best Return On Home Improvements [...]

    Mar 02