Renovations With The Biggest Returns

Renovations With The Biggest Returns

Many homeowners have the same concerns and questions when it comes to their home. As a realtor I am asked by most homeowners these two questions.

  1. What's my home worth?

  2. What improvements can I do to raise my homes value?

I have a general rule of thumb when it comes to renovations- do the ones that have the greatest return! Below you will see the 4 renovations that offer the best return on investment.

  1. A new front door- Studies show that you have a 96.6% return on investment. A new front door is a guaranteed way to grab a buyers attention. Updating the front door will give your home the quickest out door pick-me-up.

  2. Adding a wooden deck- Studies show this addition has a 87.4% return on investment. Adding a wooden deck is the surest way to please a buyers inner entertainer.

  3. Garage Door- Studies show updating the garage door has an 83.7% return on investment. Simple fixes to the garage door can have a powerful reaction by buyers. If your garage door is in good shape, just paint it. Replacing the entire door adds charm to the home.

  4. Kitchen remodel- Studies show kitchen remodels have an 82.7% return on investment. Everyone knows that the kitchens and bathrooms sell homes. So why not use your budget wisely? Updating the kitchen counter tops and cabinets are a sure fire way to get a return on investment.

Use these tips when deciding where your money should go while updating your home.

Mandy Lehman Headshot
Phone: 210-473-8949
Dated: March 30th 2015
Views: 475
About Mandy: ...

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