How to Improve the ROI of Each Home Upgrade

by Sheida Rezazadeh 02/02/2020

Image by Cristina Mantovani from Pixabay

If you're getting ready to sell your home, you're likely looking for relatively affordable upgrades that will give your home the most pizzazz. Taking the time to spruce up your property is a smart idea, but it really pays to be strategic. Because while buyers should be able to recognize a home with good bones, it's all too easy to gravitate towards a property that successfully highlight its strengths. We'll give you a few tips to get the best returns on each investment. 

Think Neutral 

While it may be tempting to paint the walls a vibrant purple or install funky door knobs throughout the home, experts caution restraint. Theoretically, these tactics can help your home stand out in the minds of exhausted home buyers, but they can also alienate them.

If you're going to paint, choose a neutral, warm color that will inspire potential homeowners to picture themselves using and enjoying each room. If you're staging the home, choose one decor style and try to incorporate small touches throughout. For example, if you want a modern look, opt for sleek fixtures that catch the light. If you're going for French Country, look for crafts that will add color to a corner. You can express your personality and attract multiple bids on your home at the same time. 

Learn the Ropes 

There are subtle patterns that govern how buyers search for homes in different neighborhoods. Whether your area is full of millennials with young families or retired couples with a pension, sellers should have a good idea of what's important to the prospective homeowner. 

So if you know that laundry rooms are in high demand, you can make an effort to make yours look as welcoming as possible. Or if you have plenty of garage space, now is a good time to show how it can fit everything from boxes to sporting equipment. If you're working on a limited budget, this is the best way to prioritize each upgrade so you get the most out of it. 

Talking to a real estate agent can usually give you a better idea of how you can tweak your home without jeopardizing your profit margins. The only time it's ever recommended for sellers to splurge is if their home has experienced dramatic growth. If property values have risen a lot over the past few years, you can consider larger renovations that will attract affluent buyers who are desperate to make an offer. 

About the Author
Author

Sheida Rezazadeh

I find it very satisfying to be able to help my clients achieve their dreams through Real Estate. I have over 20 years experience in the Real Estate Industry. I began my career with my own investment in and management of multiple properties.

I use my insight into the Real Estate industry and my vast negotiation skills to provide my clients with exceptional service. I am able to use first hand knowledge, acquired by my years of experience, to guide my clients through the process of buying or selling their properties. Whether it be Residential, Luxury, Multi-Unit, or Commercial Real Estate, I possess the Real Estate acumen to secure top dollar for my sellers and the best properties at the best possible price for my buyers!

As a mother and wife I know the importance of creating the sanctuary of a home, as well as, the security that investing in Real Estate can bring to you and your family.

I understand that buying or selling a home is more than just a transaction: it’s a life-changing experience. That’s why our team of highly-seasoned real estate professionals is dedicated to providing exceptional, personalized service for all of our clients. We take great pride in the relationships we build and always work relentlessly on the client’s behalf to help them achieve their real estate goals.

Our team of experts represents the best and brightest in the industry, and we’re always striving to lead the field in research, innovation, and consumer education. Today’s buyers and sellers need a trusted resource that can guide them through the complex world of real estate. With our extensive knowledge and commitment to providing only the best and most timely information to our clients, we are your go-to source for real estate industry insight and advice.

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Certifications:

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