01/30/2023
If you are wondering what types of remodeling projects will give you a bang for your buck, I'm here to help out!
▪️New Wood Flooring - Replacing old floors with some type of wood flooring is can get you a 118% ROI. New wood flooring is durable & easy to maintain & is also extremely appealing to buyers!
▪️Insulation Upgrade - Want to save money? Upgrading a home’s insulation can save homeowners an average of 15% on heating/cooling costs per year (aka hundred$ of dollar$). The ROI on this upgrade is 100%.
▪️Closet Renovation - Upgrading a closet can actually result in more space for your things! Think: improving organization & livability. Sellers that invested in this project saw an 83% ROI.
▪️Bathroom Renovation - Renovated bathrooms typically improve functionality, but also design & aesthetics are extremely important to buyers. Sellers can expect a 71% ROI on these renovations.
▪️Kitchen Upgrade - A kitchen upgrade is different than a kitchen renovation. Updating light fixtures, replacing hardware, adding under cabinet lighting, buying new appliances & changing countertops can completely change the look/feel of a kitchen. When sellers make these changes, they’ll see a 67% ROI.
Some other interior projects that sellers can take-on to get amazing ROIs are: refinishing hardwood flooring (147%), converting a basement into living area (86%), converting an attic into living area (75%), renovating a kitchen (75%), adding a bathroom (63%) & adding/restructuring a new primary bedroom-suite (56%).
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DM or email me if you’d like to read the article. Or if your want to know more about how interior/exterior remodeling projects WILL add cash back into your pockets!
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Vanessa Michelle, Realtor®
— Keller Williams Chattahoochee North (GA)
— Keller Williams Village Square Realty (NJ)
📧 [email protected]
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