Perspectives on North Shore Chicago's
Real Estate Market

Top ROI Home Improvements for Sellers

HomeGain just released the results from the annual survey of Realtors on which home improvements yield the highest return on investment for sellers.

According to the survey, the top ten low cost (<$5,000) home improvements that real estate agents recommend to their clients to get their homes sold faster and for higher prices are:

1. Cleaning and de-cluttering
2. Home staging
3. Lightening and brightening
4. Landscaping
5. Repairing plumbing
6. Updating electrical
7. Replacing or cleaning carpeting
8. Painting interior walls
9. Repairing damaged floors
10. Painting the exterior

Click on the icon to the right and find out the likely cost of each improvement and its projected return on investment in your specific area by entering your zipcode. Answer “no” to all questions.

A word of caution: if you are selling, you want to make your home show better than the competition, but be careful not to over-improve.  Some expenditures may not pay out in the short term, like a big  bathroom or kitchen remodel. Often a handful of smaller and less expensive changes and improvements can have a major impact. Ask your Realtor to recommend a good home stager. They are trained to get the maximum impact with minimum cost.

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  1. A Word From The Wise » Blog Archive » Ten Low Cost Ways to Increase Your Home’s Buyer Appeal

    [...] If you do a combination of these things you can make your home more appealing to buyers and improve you chances of a quick sale. You can read more about the return on investment of various home improvement projects here. [...]

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