It’s that time of year when everyone begins their Spring Cleaning and Home Improvements. If you are looking to possibly put your home on the market in 2014, you may want to consider which home improvements will pay off when you sell. We have compiled a list of home improvement projects that you should consider when you are getting ready to put your home on the market.
- Entry door replacement: This one tops the list. When you replace your entry door with a 20-gauge steel one, you could recoup up to 96 percent of the cost.
- Deck Addition: By installing a deck and making your backyard more desirable this will appeal to the majority of buyers. Homeowners can expect to recoup 65%-90% by adding a deck in their backyard.
- Garage door replacement: You don’t have to go all out when replacing your garage door. In fact, mid-range replacements have a higher ROI than upscale replacements and will add to curb appeal.
- Minor kitchen remodeling.
- Remodeling the Kitchen: Kitchen Remodels will allow the homeowner to recoup 60%-120% of their investment. If you are not up for a complete kitchen remodel, even doing simple things, like replacing the hardware on your cabinets and cupboards, can boost your home’s value
- Bathroom Addition: If you own a home that only has one bathroom, you can recoup a big portion of your investment by adding a second bathroom. It is estimated that you can recoup 80%-130% by adding a second bathroom.
- Attic bedroom: Consider converting an attic into useful living space. This is a smart way to add value and attract those shopping for multigenerational family homes.
- Windows: Installing replacement windows is a pre-sale home improvement that pays off for everyone, with the seller earning valuable energy tax credits and the buyer enjoying lower home energy bills.
