Based on national averages, home owners who make the following improvements generally average the following return on investment or better. Though these are not guarantees, the best available data seems to indicate it’s worth it.
- Lighten and Brighten- Replace any burnt-out bulbs and use higher wattage bulbs, if possible. Have defective electrical components repaired or replaced. Make sure skylights are clear and keep drapes open during the day: Average Return on Investment- 770%
- Staging- Buy some fresh flowers, live plants and other decorations to liven up the home. Dispose of old furniture or other large items. Consider renting furniture or hiring a *staging consultant: Average Return on Investment- 179%
- Clean and De-clutter-Remove clutter by storing items in basement, attic or friend's home. Rent a storage space or sell excess items, if needed. Keep every room very clean during open homes. Do pre-open house cleanliness inspections: Recommended by 90% of Agents. ROI varies.
- Update kitchen and baths- Resurface cabinets or paint with neutral color. Replace toilet seats, dated fixtures and drawer/cabinet handles. Freshly caulk and redo grout in countertops, sinks, tubs and showers: Average Return on Investment- 115%
- Plumbing and Electrical- Consider repairing or replacing any defective plumbing or electrical items in your home. Make sure you have the right person for the job by getting several estimates: Average Return on Investment- 109%
- Paint Interior- Repair any damaged interior walls by patching all chips, holes and cracks; then touch up or repaint interior walls with neutral color: Average Return on Investment Generally- Over 60%. Recommended by 70% of Agents.
- Carpet and Flooring- If carpets are only lightly soiled; shampooing and/or spot removal should suffice. If there are rips, fading, heavy wear, smells or deep stains, replace with neutral color. Repair and refinish damaged floors, or cover with neutral-colored wall to wall carpet and note any damage in your disclosure: Recommended by 70% of Agents. ROI varies.