Buying/ SellingHome Improvements September 22, 2022

Home Renovations That Offer the Best ROI for Resale By: Gustavo Gonzalez

#curb conducted annually by Remodeling magazine, “The average return on investment for a basement project is around 75 cents on the dollar. Besides the financial gains, refinishing a basement will add new functionality to your home: more bedrooms, more efficient storage and more space for entertaining.” Seems like a sure-fire win, win.

Add Curb Appeal
When buyers see that the outside of the property is taken care of, they’ll be more excited to see the inside. Remember, first impressions make lasting impressions. According to Anji, “Curb appeal can increase your home value by 7%. Buyers are increasingly prioritizing outdoor living spaces and an attractive lawn has the biggest ROI at 256%. Trees can add $1,000 to $10,000 to your home value and simple landscape maintenance tasks usually pay for themselves.”

Whether you’re in the market to sell your home or just want to make some budget-friendly renovations that you and your family can enjoy, making the right upgrades can help enhance your quality of life and add a few more dollars to your bank account down the road.