Here are a few upgrades that will net you a great ROI when selling.
Which home-improvement projects get you the most bang for your buck? We’ve teased this topic in the past, so today we want to run through some of the best upgrades to make for a fantastic return on investment.
The data we’re talking about today comes from a survey specific to the Sacramento area. Also, we’ve been doing a concierge program for the last few years where we manage and fund repairs for our clients so they can get the most money possible out of their sales. If you’d like a copy of the survey or you want to learn more about our program, just reach out; we’d be happy to speak with you.
Based on the survey, here are the top three upgrades you can make to your home for a great ROI:
1. Minor kitchen remodel. This upgrade will net you almost 80% of your investment.
2. Manufactured stone veneer. This one surprised us. If you make this upgrade, you can expect to get 92% of your investment back when you sell.
3. Garage door replacement. Just like the veneer, this can net you a 92% return on your investment.
Through our concierge program, we’ve noticed a few other things that really stand out to buyers. For example, cosmetic upgrades, such as new counters, new backsplashes, or laminated flooring, can get you a great bang for your buck. Every home is different, so we try to fit our recommendations to your unique situation.
As a side note, we are always looking for good contractors for our concierge program. If you are a reliable contractor or know someone who is, please reach out. We’d love to talk details with you.
If you have questions about this topic, or if you want to know more about the survey we referenced, please call or email us. We are always willing to help!