Why a kitchen/bathroom remodel isn't the best option before you sell!
We can all agree that a bathroom or kitchen remodel is GREAT but in order to get the greatest return for your investment and sell your house the fastest a landscaping update is far superior!
Think this is a far fetched claim? Let's check out the numbers and a few ideas for the other spaces.
“A midrange renovation includes materials like ceramic tile floors, new chrome fixtures, a ceramic tile surround, a single-level shower handle, a standard white toilet and a solid surface vanity counter. The finishes are functional and nice, but not top-of-the-line. National average ROI: 70.1 percent" (Zillow)
Bathroom remodels look good and certainly help to sell a house.
“The national average ROI for a major upscale kitchen remodel is almost 54%. That means you recoup about $68,000 after spending around $126,000. What about a smaller renovation project? The average cost of a minor kitchen remodel is about $21,000, and the average amount recouped is $17,000. That’s an ROI of 81%.” (Dave Ramsey)
Kitchen are the heart of the home but if they never make it past the driveway... does it really matter?
Home buyers generally make their decision within the first 1-2 minutes. They don't see your kitchen or bathroom, they will see you lawn, porch or new retaining wall. In order to get them in the house they need to be drawn in, first impressions matter!
John Gidding recently said this in an interview "I have always heard the number 150 percent, but to me that is conservative. On a ‘Curb Appeal’ project, I put in $20,000 and the sellers got $200,000 more than they had paid for the house just a year prior. The return was astonishing.”
If you really want to see a return on investment and get buyers into your home here are a few things you can do!
Add mulch or gravel.
Spruce up your porch with containers.
Prune your trees and shrubs.
Install a water feature.
Add height and texture.
Add a deck.
Convert the walkways to pavers or stamped concrete.
To get started on your professional quote start here