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When it comes to return on investment, there are some upgrades that’ll bring a highly positive return. They break down into two major categories: inside the home and outside the home (curb appeal).
One of the most common things we find to get a positive return on investment is repainting the garage. If your garage door is a little bit banged up, it doesn’t cost a lot of money to repaint, and it sure makes a good impression on curb appeal. If you have chipped or cracked concrete, have it poured or mud-jacked.
Then look into some typical landscaping. You don’t need to go crazy or plant expensive bushes; even just a little extra water and fertilizer can perk up your lawn and curb appeal.
When it comes to the interior, remember this: Kitchens and bathrooms sell homes! These are some of the most profitable upgrades you can make because this is where people spend the most amount of time and the rooms that buyers are most interested in when looking at a property.
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Get positive returns on these home investments.
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If you’re selling a home vacant and you really don’t want to go through the upgrades and invest the money back into the home, staging can be a really good alternative.
The reason why staging works so well is because the human eye has been programmed over thousands of years to find anomalies and discrepancies and anything wrong with a home. Imagine yourself walking through a vacant home with scratches and dings in the walls and spots in the corner of the carpet. It’s because your eye is looking for imperfections and anomalies.
Even just some furniture or pictures on the wall, staging your home draws the eye away from the discrepancies and help your home show much better, and garner you a better price.
Check out the link I’ve provided below for some interesting stats and figures. As always, it would be my pleasure to be a resource for you regarding anything real estate-related, so give me a call or send me an email and let’s talk about it.