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Which
Home Repairs Result in the Greatest Return?
Below
is a table that summarizes home repair Return On Investment
(ROI) results of a survey conducted by HomeGain of approximately
2,000 real estate agents in 46 states nationwide. The information
is listed from highest to lowest ROI:
| Project |
Typical
Cost |
Price
Increase |
Return
on Investment (ROI) |
%
of Agents Recommending |
| Lighten
and brighten the home |
$86-110 |
$768-935 |
769% |
84% |
| Clean
& de-clutter a home |
$305-339 |
$2,093-2,378 |
594% |
91% |
| Landscape
and trim front and back yards |
$432-506 |
$1,594-1,839 |
266% |
72% |
| Repair
damaged electrical and plumbing problems |
$338-381 |
$922-1,208 |
196% |
63% |
| Stage
a home for Sale |
$812-1,089 |
$2,275-2,841 |
169% |
76% |
| Repair
damaged flooring |
$1,531-1,714 |
$2,267-2,589 |
50% |
62% |
| Update
kitchen and bathrooms |
$1,546-2,120 |
$3,823-4,885 |
138% |
83% |
| Replace
or shampoo carpeting |
$2,602-2,765 |
$3,585-3,900 |
39% |
65% |
| Paint
exterior walls |
$2,188-2,381 |
$2,907-3,233 |
34% |
57% |
| Paint
interior walls |
$1,453-1,588 |
$2,342-2,600 |
63% |
69% |
If you
would like additional information and specifics on any of
these home repair suggestions, contact us by email at: StewartTeam@PointingYouHome.com.
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Information
is believed to be accurate, but should not be relied upon
without verification.
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