If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return On Investment (ROI).
#1 Minor Bathroom Remodel
What is Included: Replacing the tub, tile surround, floor, toilet, sink, vanity & Fixtures will give your outdated bathroom a welcome face lift!
Cost to Complete: $10,500
Return on Investment: $10,700
ROI: 102%
#2 Upgrade Landscaping
What is Included: Many homeowners will hire a professional for help with landscaping if they don't have a green thumb to add pops of color with flowering shrubs or tress. Install a flagstone walkway, planters, fresh mulch & more!
Cost to Complete: $4,967
Return on Investment: $4,967
ROI: 100%
#3 Minor Kitchen Remodel
If your kitchen's floor plan is good but requires a cosmetic update, refacing cabinets, adding a new counter top and under cabinet light is a great start.
Cost to Remodel: $15,000
Return on Investment: $14,913
ROI: 98.5%
#4 Exterior Improvements
Outdoor spaces add curb appeal and a place to enjoy all your new landscaping. You need to repaint your home or invest in vinyl siding. A new front door can add a welcoming feel.
Cost to Complete: $7,239
Return on Investment: $6,914
ROI: 95.5%
Some Highlights:
- If you are planning on listing your house for sale this year, here are the top four home improvement projects that will net you the most Return on Investment (ROI).
- Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.
- Upgrading your landscaping or curb appeal helps get buyers in the door. These upgrades rank as the 2nd and 4th best renovations for returns on investment.