Updating your home can be a great way to increase its value and make it more attractive to potential buyers. From painting to landscaping, there are many home improvement projects that can help you get a return on your investment. A remodeled bathroom is one of the most profitable projects you can undertake, with an ROI of 58%. Adding a new bathroom can also generate a return of 52%.
Hardwood floors are in high demand and can offer an ROI of more than 200%. Even something as simple as painting can give you an ROI of up to 200%. Painting the interior and exterior of your home is an easy way to make a great first impression on prospective buyers. Choose warm and inviting colors like taupe, brown, or white as your main color palette.
You can always add bright accessories for contrast without being overwhelming. Adding a high-quality privacy fence is another great way to improve your home's value. Wood or stone fences can change the look of your home and improve security. You can expect a 100% return if the value of the home is updated.
Make sure to hire a professional fence installer for the best results. Landscaping is one of the best ways to generate curb appeal and increase the value of your home. A high-quality, professional landscaping project can help you get an ROI of up to 252%. If you don't have the budget for a complete renovation, consider hiring an expert to clean, trim, and fertilize your existing flower beds.
The front door is one of the first things buyers see when they come to your home. Repainting it is an inexpensive way to improve its look. If you need to replace it, you'll get an ROI of 102%. A recent roof replacement is also important for buyers; you'll get a return of around 61% and save on repair costs due to a roof leak. Below is a partial list of home improvement projects we make: kitchen remodels, painting, landscaping, privacy fences, front doors, and roof replacements.
In general, we can also manage just about anything that residential properties require. It's important to note that major kitchen remodels tend to offer a low return on investment. As detailed in “The 10 Worst Home Renovations for Your Money”, mid-range and exclusive kitchen remodels offer some of the lowest returns of any home renovation.