When selling your home, strategic upgrades can lead to significant returns. Here are the top 10 home improvements, ranked by their potential return on investment (ROI), to consider before putting your home on the market.
1. Fresh Paint (ROI: Up to 107%)
Nothing freshens up a space quite like a coat of paint. Choose neutral colors to make rooms feel more open, bright, and appealing to a broader range of buyers.
2. Minor Kitchen Remodel (ROI: Up to 80%)
A kitchen is often the heart of the home, and small changes, like updating cabinet hardware, refinishing countertops, or replacing fixtures, can modernize this space and appeal to buyers without breaking the bank.
3. Landscaping and Curb Appeal (ROI: 70-75%)
First impressions count. Upgrading your landscaping with native plants, adding flower beds, and freshening up pathways can create an inviting entrance and elevate the look of your home from the street.
4. Bathroom Upgrades (ROI: 70%)
Simple bathroom updates like new fixtures, re-caulking, and upgrading lighting can make a difference. These updates make bathrooms feel fresher and more functional.
5. Floor Refinishing (ROI: 70%)
If you have hardwood floors, a quick refinish can bring them back to life. Clean, polished floors not only look great but also add a perceived value to buyers.
6. Energy-Efficient Windows (ROI: 65-70%)
Installing energy-efficient windows is a valuable selling point, as it helps lower utility bills and increases comfort. This is especially appealing to eco-conscious buyers.
7. Smart Home Technology (ROI: 60%)
Installing smart home features, such as a smart thermostat or security system, can attract tech-savvy buyers and create a modern living experience.
8. Decluttering and Deep Cleaning (ROI: 60%)
Though simple, deep cleaning and decluttering have a high impact. Removing excess items and presenting a clean, organized space allows potential buyers to envision themselves in the home.
9. Exterior Improvements (ROI: 55%)
Upgrading the front door, power washing siding, and repainting shutters can improve your home's exterior without major renovations.
10. Basement/Attic Finishing (ROI: 50%)
While more expensive, finishing a basement or attic adds valuable square footage, which can increase the overall market value of your home.
Investing in these improvements can enhance your home’s appeal, making it more marketable and ultimately helping you secure a higher sale price. Prioritizing these changes based on ROI will help ensure you maximize value before listing your property.
Ready to maximize your home's value and attract the right buyers? Let us help you make strategic upgrades that deliver results. Contact us today for a free consultation, and let’s create a customized plan to increase your home’s market appeal and ensure a successful sale. Don’t leave money on the table—reach out now to get started!
