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Which household updates yield the best return?

Created date

May 21st, 2013

Personal Moving Consultant If you re one of the four million viewers who tune in to HGTV each month, then you already know that kitchens and bathrooms sell homes. But does a costly investment make sense for you and your budget? Probably not. According to the 2012 Remodeling Cost vs. Value Report, a minor kitchen remodel costing approximately $19,000 will only recoup the homeowner approximately 75% of original dollars spent. While this will certainly help with sale-ability and reduce the days on market, it won t necessarily net you more in proceeds from the sale. There are, however, several less expensive ways to help facilitate a quick sale of your home. So how can you prepare your house for a timely sale? Here are a few inexpensive suggestions. First impression. You have only one chance to make a positive first impression, so make sure your house has curb appeal. Buyers are driving by with their real estate agent before making an appointment, so make sure the exterior of your house is inviting enough to make them want to see more. According to professional home stager Paula Gaull of New Leaf Redesign, Marblehead, Mass., If your home doesn t say wow to a potential buyer from their car, then chances are they ll continue on their way. A freshly painted front door with a tasteful wreath can be an inexpensive opportunity to say welcome. Painting. Painting is one of the least expensive ways to make a big impression. A 12- by 12-foot room can be completely transformed for just under $400. Gaull suggests staying with neutral wall colors, giving the home a fresh look and adding a crisp white trim for accent. Benjamin Moore s Manchester Tan, Revere Pewter, or Stonington Gray are popular color choices used today. Spring cleaning. Don t underestimate the positive impact a thorough cleaning of your house can make. Hire the professionals to clean from top to bottom, including your windows. Buyers love light, so open drapes or remove them altogether. Let the light shine in! If the house lacks natural lighting, add lamps with the brightest bulbs possible and use incandescent bulbs for a warmer glow.