I try to read everything I can to keep up with trends in Real Estate to provide helpful information. This statistic I read today blew me away! Many times homeowners believe they need to spend thousands and thousands of dollars to improve the value of their home. Homegain.com did a recent survey with some encouraging results of what you can do to improve your home and receive a substantial return on investment.
And here's the important take away - don't just improve your home when you sell! Enjoy your home NOW, make improvements for your enjoyment and then reap the benefits when and if you sell in the future.
"The top five nationwide home improvements that Realtors recommend to home sellers, based on average cost and return on investment (ROI) to sellers, are:
1. Cleaning and de-cluttering ($200 cost / $1,700 price increase / 872% ROI / 98% recommended)
2. Home staging ($300 cost / $1,780 price increase / 586% ROI / 82% recommended)
3. Lightening and brightening ($230 cost / $1,300 price increase / 572% ROI / 95% recommended)
4. Landscaping ($320 cost / $1,500 price increase / 473% ROI / 94% recommended)
5. Repair Plumbing ($385 cost / $1,250 price increase / 327% ROI / 88% recommended) "
The chart below details it a little better OR better yet visit Home Gain for the complete article.
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