How To Get A Hefty Return When You Sell Your Home

How To Get A Hefty Return When You Sell Your Home

TOP 4 RENOVATIONS THAT GIVE THE BEST
RETURN ON INVESTMENT
WHEN IT COMES TO SELLING YOUR HOUSE
Findings Reported by the National Association of Realtors (NAR)


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1. A New Roof -  It might cost you $7,500 for a new roof however, your return on investment (ROI)  would be 107%.




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2.  New Wood Floors - whilst a project to install new wood floors could cost $4,700, your ROI would be 106%.



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3.  Refinish Wood Floors - By just refinishing wood floors at a cost of about $2,600, your ROI would be 100%.




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4.  New Garage Door - costing $2,100 would give a ROI of  95%.




Other renovations and ROI:

Kitchen upgrade ($38,300) 52% -  full kitchen renovation ($68,000) 59%
Bathroom renovation ($35,000) 57% - addition of a new bathroom ($60,000) 50% - new master suite ($150,000) 50%
A basement conversion to a living area 64% - converting attic space 56%
New HVAC ($8,200) 85% - installation upgrades ($2,400) 83%
New steel front door ($2,000) 75% - new fiberglass front door ($2,700) 74%
Fiber-cement siding ($19,700) 76% - new vinyl siding ($15,800) 63%
New vinyl windows ($22,500) 71% - new wood windows ($35,000) 57%

Source:  Housing Wire, Do you want to be happy, or do you want a hefty return when you sell your home?October 3, 2019 By Kathleen Howley


Buying or Selling Your Home?  Call
Sue Rowe, Realtor®
954-790-7706



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Phone: 954-790-7706
Dated: October 6th 2019
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