3 Best ‘Bang for Your Buck’ Upgrades

If you’ve been sitting on the fence about selling your home, it might just be time to hop off. Now. To put it in other terms: 2017 is poised to be the year of the home seller, real estate experts say. So what are you waiting for?

A combination of factors is coming together to make 2017 a prime seller’s market for most of the nation.  Here are 3 upgrades that will give your home an extra edge over the competition, boost your potential list price, and where you will see the best return on your investment.

1 – Yard / Curb Appeal                       

You only have one chance at a first impression.  If a buyer drives up to your home and sees the yard is overgrown, toys strewn about, and the mulch is dried and lost its color, they may start to formulate impressions of how the interior is being maintained.

There are entire shows based on renovating backyards and curb appeal.  This should speak to you as a homeowner.  Buyers are interested in and put value behind outdoor entertaining space!

If you have it in your budget, hire a professional landscaper to help give your yard a facelift.

Don’t have it in the budget to hire a professional?  You’re in luck, there are several things you can do on your own: keep the yard free of debris, trim the grass, trees, and shrubs, add fresh mulch to flower beds, and ensure the sidewalks are swept clean.

A poor yard could result in up to a 10% loss of value in your home.

2 – Outdoor Upgrades

Outdoor upgrades are great because they are generally the cheapest improvements and have the greatest return on investment.  These outdoor improvements are installing new windows, updating the garage door, and installing a new front door.

On average, the return on investment for these kind of upgrades can be as high as 72%!  That is nothing to shake a stick at.

3 – Adding another Bathroom

For those of you who have ever had to share one bathroom with a large family, or in my personal case, just my husband, you know how important multiple bathrooms are.

Did you know that adding even a half bath to your home could increase your property value by 10.5%?  A full bathroom could give you up to 20%!

Adding some more bathroom (pun intended) to your home could pay off in dividends.

Have questions on how to improve the value of your home and get it ready for the open market?  Give our office a call at (208) 895-9944