Four home improvements that will make you money
If you currently own a home that you're considering selling this year or next, we've made a 𝗧𝗢𝗣 𝗙𝗢𝗨𝗥 list on how to get the most out of your minor home improvement projects.
This is a great reference if you come into some extra money and want to put it to good use - you know, so it makes you more money - so make sure you save this so you can come back to it when you're ready to improve and update your current home.
1) MINOR BATHROOM REMODEL
Average cost: $10,500
Average Return: $10,700
ROI: 102%
There's no need to gut the whole room. Start by replacing the shower head with a rain shower, it's a feature most homebuyers will appreciate. Replace the vanity & update the lighting to make the room brighter.
2) LANDSCAPING
Average cost: $4,900
Average Return: $4,900
ROI: 100%
Curb appeal helps sell homes. The aesthetic appeal of both the front door and backyard may actually be the first thing buyers see, so make a good first impression. The best landscaping designs are the simplest, but the "lines" need to be trimmed & cleaned.
3) MINOR KITCHEN REMODEL
Average cost: $15,000
Average Return: $14,600
ROI: 98.5%
Instead of a full kitchen remodel, try minor upgrades that make a big difference. Start by replacing the existing appliances with better newer ones. Then, try refinishing the cabinets. A fresh coat of paint or gloss could make an old cabinet look new. Lastly, put in new hardware and light fixtures.
4) REPLACE FRONT ENTRY DOOR
Average cost: $1,410
Average Return: $1,280
ROI: 90.7%
Instead of a full kitchen remodel, try minor upgrades that make a big difference. Start by replacing the existing appliances with better newer ones. Then, try refinishing the cabinets. A fresh coat of paint or gloss could make an old cabinet look new. Lastly, put in new hardware and light fixtures.