7 Home Reno’s That Will Increase Your Resale Value Big Time

You want to make the most money possible when it comes time to sell your home. The way to do that is by improving and updating the things in your home that buyers look for the most.

We compiled this list for those looking to boost their resale value. It’s important to focus on the renovation projects that will net you the highest ROI. All of the projects on this list were chosen for their ability to produce high ROI as well as create a more desirable home. Remember – it’s important to make money. But it’s also important your house doesn’t sit on the market for a year.

Make these updates and you should fetch a high sale price, quicker than you would otherwise.

Remodel Kitchen

  The decision among real estate experts about where you get the highest ROI renovating your home is unanimous. The answer is in the kitchen. For some reason people just want nice kitchens and care about it more than the rest of the house… Maybe it’s because that’s where people like to entertain guests.

Your main priority when renovating a kitchen should be layout. Creating a structure (or bones) that is functional and can easily be updated is super important. It’s one thing to replace a counter-top and cabinet doors. It’s a different story to completely renovate the whole kitchen.

Once you get the structure out of the way, search for materials that have a high quality look without a big price tag. You can make a space look modern and luxurious without having to use marble and granite.

I have seen so many people put in expensive goodies and never fix the bad flow. Spend the money on the layout — it never goes out of style. If you have a great layout, plugging in new appliances, hardware and cabinets can be quick and easy.

Update Bathrooms

Bathrooms are the second place buyers typically place the most value in a home. The good news is that making updates to a bathroom doesn’t have to cost a fortune. En-suite/master bathrooms are the most important. As they say, it’s where the magic happens. Cast a spell on potential buyers with a beautiful en-suite. That was really corny I know…

 

 

 

Re-do Plumbing

Can we say structural problems? This is the #1 worry of all potential buyers. No one wants to move into a beautiful new house and have a disaster occur two or three months down the road. Re-doing your old piping and updating it to a newer plastic solution is a huge selling point. This removes some of the potential fear that comes with buying a home.

 

 

 

Remove Paneling and Stucco

Wood paneling and Stucco are common in older homes. Mainly because when it was popular, we didn’t have walls without imperfections like we do now. Not only are these two things ugly, they also show potential buyers that you lack the ability to update your home. “If you can’t update this, what is is lurking?”

Spend the time and money to update your paneling walls and get rid of the Stucco.

 

 

Attic Renovation

Attic renovations are a popular choice among DIY projects as expenses can be minimized. In many houses you will have the bones for a room. All that is required of you is putting up walls and handling the cosmetics. Updated attics can sometimes be a stronger selling point than updated basements.

 

 

 

Replace Siding

Since curb appeal is so important, it makes sense to focus on the biggest factor. The outside of the house. Everyone knows the dingy, yellow siding that used to be white 60 years ago look. If your house looks like that – sorry. It’s time to update.

For those on a budget you can also try power washing. Power washing sometimes brings better results than you could imagine. And it barely costs anything.

 

 

New Garage Door

In addition to replacing/refreshing your siding and landscaping well, your garage door can play a big part in selling your house. It’s another element of curb appeal that can draw in or turn-off potential buyers.

Luckily, new garage doors re-coup on average 80% of their investment in the long term. Basically, it will help you break even (or make money) while making your house more desirable.

 

 

In Conclusion

You want to sell your home in the least amount of time and for the most amount of money possible. The way to do this is by performing renovations with a high ROI. In addition, you want to focus on the most desirable updates. Doing so will ensure you attract more interest on your property.

Each of these on the list may not be necessary or feasible with your budget. Remember that curb appeal, kitchens and bathrooms are important. If you can focus on nothing else, focus on those things. These projects will reduce your risk of losing money in the renovation process and also help you sell quicker.

 

Need more information on selling your home in the (insert community name) area? Give me a call!

About the Author

Meet Jonathan Harper

Starting his career in Real Estate in 2006, Jonathan has proven it’s possible to succeed in any market. He started his career with Keller Williams and won the Rookie of the Year award. Over the last 14 years Jonathan’s priorities have helped him build a group of like minded agents and become one of Washington State’s highest producing Teams. Go Pro Homes has risen to the top and sold over 150 homes a year while the average broker only sells 5-7. Our Team priorities are simple – they are his clients. We find nothing more gratifying than a successful sale and a satisfied client.  We are committed to providing excellent service, innovative ideas, and unparalleled standards of honesty and integrity in business.

Our Team is proud to be part of the Keller Williams Puyallup Office, in part because of their vast presence in the marketplace, as well as their forward thinking and advancing service through technology.

The Go Pro Team has sold over 2900 homes since 2007 (we are selling a house every 2 days when the average agent sells 5-7 houses a year!) But that is not why you should hire us.

We are a team of real estate specialists. My role on the team is “Listing Specialist” and I’m proud to say that our homes sell fast and for the most amount of money.

How do we do this and create a great overall client experience? Go Pro has hired a team of consultants, strategists and specialists to ensure that our customers receive the highest caliber of service imaginable. Because we’re one of the highest selling teams in the country, Go Pro attracts talent, and we are excited to get to work for you as your trusted advisors.

*Statistics source are taken from broker metrics.

Awards and Accomplishments

Accomplishments:

  • 2006 Keller Williams Rookie of the year and Bronze award
  • 2007 Keller Williams Silver agent award
  • 2008 Keller Williams Silver agent award
  • 2009 Keller Williams Platinum team award homes sold 100-199
  • 2010 Keller Williams Platinum group award homes sold 100-199
  • 2011 #3 Real Estate group award KW Northwest Regions
  • 2012 REAL Trends “The Thousand” Rankings as Teams by Sides Teams by Volume
  • 2012 #2 Group units award KW Northwest Regions
  • 2013 Double Platinum Group award 200-299 homes sold
  • 2013 REAL Trends “The Thousand” Rankings as Teams by Sides Teams by Volume
  • Jonathan is partner of Keller Williams Realty Puyallup and owner of Go Pro Real Estate

Jonathan’s greatest life accomplishments are his faith, family and friends.

If you are looking for a knowledgeable, dedicated, and compassionate real estate agent.. Call us Today