6 Home Improvements to Attract More Buyers

My real estate experience in your community can ensure the speedy and successful sale of your home. If you are considering the sale of your home now or in the future, I am happy to share my knowledge and expertise with you. Following are six home improvements that will generate more buyer interest, along with the average return rates for each project according to HGTV.com.

Bonus Room Updates – Average return at resale: 72.8 percent. Turn your empty bonus room into something practical. Keep in mind the needs of your target market and remember that families will utilize these spaces differently than empty-nesters. Bookshelves and cabinet additions can make for appealing storage spaces. Adding French Doors can help potential buyers envision a play room or a home office.

Replacement Windows – Average return at resale: 89.6 percent. Replacing windows can be a costly project, but don’t underestimate the return it brings. Energy conservation is big for buyers, and new technology equals big returns on investment. For hot climates, there’s low-e glass (low emissivity) that reflects heat by blocking infrared energy. Argon gas can be placed between window panes to prevent heat transference through the window.

Kitchen Remodel – Average return at resale: 91 percent. A complete kitchen remodel will be expensive, but it’s an investment that will often pay off. If the values of homes in your community have increased, and your kitchen isn’t up to par, consider a major remodel rather than small fix-ups. An eat-in kitchen is high on the list of buyer desirables.

Bathroom Remodel – Average return at resale: 93.2 percent. Whether you go small or big on bathroom updates, there’s a consistent return on investment. Sometimes relocation of the major pieces can give the illusion that there is more space. New lighting, a linen closet, and fresh tile can equal a big payoff that buyers will love.

Exterior Improvements – Average return at resale: 95.5 percent. An updated front entryway and some fresh paint will turn many buyers’ heads. One gallon of paint covers roughly 400 square feet. Accent lighting can draw more attention to your home’s best exterior features and provide a sense of security.

Landscaping – Average return at resale: 100 percent. This is a no-brainer investment to bring more interested buyers to your doorstep. Find a color scheme with your landscaping that accents your home’s color palette. Sod usually costs around 30 to 35 cents a square foot. A custom walkway and fountain will also add considerable appeal.

If you’d like to know more about how to increase your home’s marketability compared with other homes for sale in your community, or anything else regarding the sale of your home, please contact me and I’d be happy to discuss it with you. If you require the services of a real estate professional in the future, please allow me to outline how I can exceed your greatest expectations.

Anne Butcher
Realtor®, ABR|CNE|CDPE
239-872-1574