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Tuesday, March 25, 2014

Picking Which Renovations will Pay Off the Most



There are many great Gulf Coast Area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Value Report so you know what buyers will pay for your home in today's market. You may also call me at (239) 344-7571 for a FREE home buying or selling consultation to answer any of your real estate questions.

There are hundreds of things you can do to get your home ready for a spring sale, but you need to choose wisely and appropriately. Many renovations can be costly, and your investment may or may not be returned. I will be taking a look at a report from the National Association of Realtors that will be instrumental for you in deciding what to repair, and what not to repair.

Cost Vs. Value Report:
  • This report outlines the return on investment that you're likely to get with any renovations that you're trying to do this year. 
    • Consider this your holy grail if you're thinking about remodeling.
  • At the top of the list are kitchen and bathroom remodels. These consistently get the highest returns on investment. 
    • Upgraded cabinetry and granite counter tops are among the best remodels for your kitchen. 
  • Other renovations with high returns to consider this year are:
    • Garage door replacement
    • Front door replacement
    • Window replacement
    • Backup generators also topped the list of good cost-benefit renovations
If you would like to take a look at the complete report for all of your potential repairs, you can find it here: http://www.remodeling.hw.net/cost-vs-value/2014/south-atlantic/fort-myers-fl/

If you need any assistance with repairs I can gladly refer contractors to you. Also, if you just want to talk to me about Gulf Coast real estate, then feel free to give me a call at (239) 344-7571 or email me at Doug@DLREE.com