Home Improvements That Net the Highest Return on Investment


Listen Later

If you’re a seller thinking about listing your home this fall or next spring, there are three key home improvements you might want to consider making. Buying a home? Click here to perform a full home searchCall me at (616) 942-2449 for a FREE home buying or selling consultation If you’re a seller thinking about listing your home this fall or are thinking about a spring listing strategy, you might want to listen up. Here are the top three home improvements you can make in terms of percentage of cost allocated for that improvement, according to the 2015 Cost vs. Value Report for home improvements in Grand Rapids: Entry doors. Average cost: $1,187. Average resale value: $1,023. Average return: 86%. The entry door is the focal point of the home and the first thing a prospective buyer sees upon entering it. Stone veneer accents. Average cost: $7,100. Average resale value: $5,400. Average return: 76%. By stone veneer accents, I mean any place outside your home where you can put stone veneers on a column.The entry door is the focal point of the home and the most important improvement. Wooden deck additions. Average cost: $9,204. Average resale value: $6,700. Average return: 73%. A shoddy wooden deck can make a bad impression because wooden decks are the most accessible way people enjoy the exterior of their home. Click on the image below to get a free download of the 2015 Cost vs. Value report: If you have any real estate questions, please feel free to give me a call or send me an email. I look forward to hearing from you.
...more
View all episodesView all episodes
Download on the App Store

By Kevin Yoder