Looking for those unexpected ways to squeeze a few more pennies out of your home? Search no longer for your sage is here. Her first words of wisdom, basic maintenance. We’re talking plumbing, roofing, HVAC, and exterior painting. These are the bases that all sellers must first cover before moving on to other value-generating projects. Buyers aren’t looking to throw their extra dollars towards these basic systems, so you’re going to want to cover them on your own dime if you want your home to sell.
First impressions are big in the home market. Make your home have a good one. When a potential buyer pulls up, they will notice that untrimmed lawn, damaged mailbox, or your “fixer upper” 1973 Mustang that hasn’t gotten the attention you promised it sitting out back. Beyond these small details though, your front door is actually one of the most important changes you can make. MSN says, “The top-ranking home improvement…adds 96.6 percent of the amount you spent to the value to your home.” Something to keep in mind if a remodel isn’t in the budget is that adding a fresh coat of paint or stain to your front door could have the same effect. Don’t forget the garage though. Ranking in at second on our list of key home improvements, replacing the garage door generates 83.7 percent return on investment and could help get your home off the market that much faster.
Once you’ve got potential buyers through your exquisite yard and popping front door, it’s time to turn on the charm inside. Ever considered renovating that dusty old attic? Well if you haven’t you might just consider this. According to RealtyTimes.com, “An attic bedroom is No. 3 on Remodeling’s list of smart renovations, with a cost of $49,438 and an ROI of 84.3 percent, or $41,656.” Next to a newly renovated attic, think about adding a deck. With an ROI of 87.4 percent, this home improvement is not only a worthy investment, but it might just tip those wavering buyers into a deep, irresistible love for your home.