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Home Improvements That Pay you Back!

Posted in #ProTipTuesday on August 22, 2017 by Kavie Stahl

 

When considering selling your home, wondering what improvements will get you the most bang for your buck is a common issue.

As you can see from the examples above, the average payback is less than 100%. There is a clear message here: do not over renovate the home. People like to dream about their new home and what they can do to change it and make it their own. Leave something on the table for someone to do for themselves. Don’t put down stainless steel countertops in the kitchen. Don’t put orange high end Italian marble in all the bathrooms. Keep it simple, clean and neutral.

There are various improvements that can be made for a low cost to gain! (Stay tuned for that blog coming soon!)

 

Lessons to Walk Away With:

1.  Do what would be desirable to most buyers.

2.  Do not improve the home in the hopes of profiting from those improvements.

3.  Do improve enough to match or slightly exceed the comps that have sold for the desired number and for the shortest days on market (We can help you determine this)

4.  Do improve in a way to attract the greatest number of buyers (simple, clean and neutral).

 

As always, let our team know if you have any questions!

Tags: HomeImprovementsReal EstateROISellersSelling
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Stahl and Stahl Group
Stahl & Stahl Group

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Jacksonville Beach, FL 32250
Phone: (904) 591-5332

Our Coverage Areas

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