• Game room: 3% • “His & her” baths: 31% • Glass-front cabinets: 31%
POINTS TO REMEMBER:
• Buyers are willing to pay more for homes that require no renovations. • Many projects, such as painting, lighting, and minor repairs, can be inexpensive. • Inspectors can ensure your home has a sound roof, foundation, wiring, heating and air-conditioning system, and other features important to buyer safety and satisfaction. • Not every home improvement will return dollar-for-dollar ROI upon sale.
BEST ROI HOME IMPROVEMENT PROJECTS
Interior painting: If you are willing do the painting yourself, this is one of the few projects that returns over 100% of your investment. In particular, one or two neutral colors painted throughout the house is very appealing to potential buyers. New entry door: Replacing your front door with a reinforced steel entry door has an average 97% return on investment. These types of door are very low maintenance and improve both your home’s curb appeal and energy efficiency. New exterior siding: Many home owners are choosing to replace aging siding with types of exterior siding that require less maintenance over the years. This improvement will boost curb appeal and have an average 80% ROI.
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