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Renovating for Resale

Renovate for Selling Your Home…
Renovations don’t have to be expensive or extensive to offer you a good rate of return. In fact, a quick coat of paint can go a long way to boosting your selling price. The kitchen and bathroom are your best bets for renovation with the highest payback. Take a look at these average rates of return for home upgrades:

  • New lighting – 84%
  • Interior painting and décor – 73%
  • Kitchen renovation – 72%
  • Bathroom renovation – 68%
  • Exterior paint – 65%
  • Flooring upgrades – 62%
  • Window/door replacement – 57%
  • Main floor family room addition – 51%
  • Fireplace addition – 50%
  • Basement renovation – 49%
  • Furnace/heating system replacement – 48%

For example, on average then $100 spent on “new lighting” would yield $184 in increased resale value.  Naturally each property situation is different, and the numbers above are not guarantees. Let’s talk about preparing YOUR home for market!

Contact us TODAY to discuss Selling or Buying YOUR next home!

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