Blog » Top Renovations for the Greatest Return on Investment

If you’ve ever watched HGTV, you know that your clients probably have a lot of misinformation about the cost and ease of updating a home.

The fact is, renovating is a big decision and may not be in everyone’s best interest. As much as we would all love to live in Pinterest-perfect worlds, smaller updates rather than a major re-do may be better for a return on investment.

Top Renovations for the Greatest Return on Investment

Renovations you can do that will pay off if you are considering selling or buying a fixer-upper are:

Replace your garage door. A good-looking garage door as value and great street appeal.

Add a deck if you have a nice yard. This adds to the relaxation people are looking for. It has been determined that when you spend the money to add a deck onto your home, you will likely be able to recoup more than eighty percent of its cost at sale time.

Landscaping – an inviting yard shows care is given inside and out.

The curb appeal of your home is incredibly important when it comes time to sell.

The first impression of a home that someone will have is from the look of the exterior. It is said that a good first impression of a home can add five percent to its value. Make sure your exterior paint and details are up to par. 

Make sure gutter are cleaned out.

Trim bushes and trees away from the house to make it look cleaner and opens up light inside.

Add some outdoor lighting in your homestead to increase its value. Most buyers prefer a secure environment where they can do what they love despite the time of the day. Lighting not only make them feel secure

Minor kitchen upgrades.  Upgrades that make your kitchen look modern and functionable.

Buy a stylish ceiling fan for $100 dollars or less and updated semi-flush ceiling mount lights for about $60.

You don’t have to shell out a lot of money to remove paneling, simply update it with a fresh coat of paint.

Kitchen Cabinets can take on a new look by just replacing the hardware.

Switch out the straight shower curtain rod for a sleek, modern curved one. “Add a new shower curtain.

With more companies giving employees the option to telecommute, a home office can really add some value to a home. If you have some extra space in your home, consider converting it into a home office. Make sure there is plenty of work space, and remember to have grounded outlets installed as well as data ports and possibly an extra phone line.

Before you start your renovations, sit down and do a budget. You need to know what the cost will be before you get into renovation. You don’t want to start only to find you cannot afford to complete your projects. Everything from backsplash and tile to appliances and furniture, the price of new home items quickly adds up. If you opt to purchase new materials over pre-owned ones, try to buy them during big holiday sales when prices are lowest. These big sales typically happen during Black Friday, Cyber Monday, Labor Day, Memorial Day, July Fourth, Christmas and New Year’s. You can also sign up for price alerts such as Google Shopping’s option to keep up-to-date with the latest deals on items you’ve been eyeing.