$340 billion spent on home renovation 2018, but which of those improvements are the key to increased value.
Consider these key home improvements.
- Paint your walls. A fresh coat of paint is an affordable and effective way for a client to beautify a home. Both greys and earth tones are the hot home colors for kitchen designs.
- Plant and landscape for curb appeal. Consider a new walkway and fill planters with colorful plants and shrubs is a great way for a client to improve curb appeal for a few thousand dollars.
- Replace old windows. Get rid of old windows with rotting broken frames and freshen up the home with new energy efficient windows. May result in saving $25 yo $450 per year with energy efficient windows.
- Remodel the kitchen. A new kitchen adds an immediate WOW factor to the home WITH good marketing photos. The average return on a kitchen remodel is 65%. Clients can remodel at a lower cost by resurfacing cabinets, changing hardware and/or replacing applicances.
- Fix the roof. One of the most visible part of a home. A new roof may seal the sale. The average return on investment for a new roof is reported to be nearly 70%.
- Replace the flooring. If your carpeting is 5 to 10 years old, it probably shows it, so replace it. Considering If you have hardwood floors that have been carpeted over, remove the carpet, pad and tack strip, wood flooring is in. Consider refinishing the hardwood flooring to provide a fresh and clean look for a few hundred dollars.
- Paint your front door and replace the porch light. Curb appeal starting at the walkway up to the front door freshly painted an inviting accent color and a new porch light.
