When you already have the key to your possible dream house, it is time to start shaping it to one.
But don’t go rushing about making changes just yet. Though any renovations you’ll do will make you happy, it will not necessarily increase the equity of your home.
Taking into consideration how much return you’ll receive when you sell your home can help you decide which renovation projects to do.
Take at look at the top six home remodeling projects which will increase your home’s market value.
Your Mayfield Heights home for sale’s curb appeal attracts and grabs the attention of the potential client, so bringing in some color and doing some landscaping will make a huge difference.
A basic landscaping upgrade will cost you around $4,750, but the return for amazing curb appeal is 105%, giving you $5,000 higher equity.
Have your roof checked out when you notice missing shingles or shingles covered in moss, or stains on ceilings and walls.
Replacing your Mayfield Heights home for sale’s roof will cost you around $7,600, but think of the return! This home remodeling project gets 105% return, netting you an additional $8,000.
If you are to replace the floors of your home with anything, go for hardwood floors. Refinishing will cost you $2,500, but you will get it all back.
If you are to buy new hardwood floors, expect to shell out at least $5,000 – $5,500. The return? Not bad at 91%.
When you get a patio or deck, you have a great place to entertain friends, or a place to hang out and enjoy the day during fine weather.
A patio renovation will cost you $6,400, but it will yield 102% return. If you want to install one, it will cost you around $9,500, but it has a higher return at 106%, so you get an additional $10,000 when your home is valuated.
A beautifully staged home doesn’t really do much when the house in is bad shape. New painting will not cover up a beat-up roof, nor will it make the roof more functional, so it’s better to get your home in tip-top shape, and increase its equity as you go.
Want to see some homes for sale in the Mayfield Heights area? Visit my website http://ChristinePappas.com/.
Call me, Christine Pappas, at (216)956-7635. As a real estate expert, I can help you manage things easier by answering your concerns and taking care of your real-estate related problems. Together, we can successfully sell your home.
The cost of renovation and profit is taken from https://www.houselogic.com/save-money-add-value/add-value-to-your-home/home-remodeling-projects-with-long-term-ROI/?cid=eo_em_mkt_newsletter