Top 5 Home Renovations to Consider

Home Improvement

We all know that a fresh coat of paint goes a long way if you’re considering putting your Possum Kingdom home on the market. But I’m sure you’re wondering if there are other updates or remodels you should consider making. 

While I always encourage my clients to make their home look its best, I do warn about putting money into a house when you likely won’t see a large return. Not all renovations or upgrades will guarantee you more money at the closing table. Before you start throwing money at random projects, here are five upgrades that are likely to bring in a large return.

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Bathroom Remodel

When making changes to your bathroom consider replacing the tub, tile surrounding the tub, floor, toilet, sink, vanity & fixtures. These simple changes can add lots of value when listing your home for sale.

COST $10,500 | ROI 102%

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Kitchen Remodel

If your floor plan has good flow, then consider some cosmetic upgrades including refacing cabinets, new counter tops, and under cabinet lighting are great places to start. 

COST $15,000 | ROI 98.5%

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New Landscape 

There are a few simple changes you can do to freshen up your curb appeal including planting flowers, trimming shrubs and trees, install an updated pathway and laying fresh mulch. 

COST $4,967 | ROI 100%

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Exterior Improvements 

While updating your landscape helps, don't skip out on the exterior of the house itself. Consider repainting your home or investing in vinyl siding. Adding a new front door helps the house to feel warm and welcoming. 

COST $7,240 | ROI 95.5%

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Garage Door Replacement 

A good looking and working garage door tops the list when it comes to getting cash back on your investment when you decide to sell your house according to the 2019 Cost vs. Value report. 

COST $3,541 | ROI 97.4%

 

Sources: HGTV/BankRate.com