Repairs That Offer The Highest Return On Investment

As a seller, it’s important to focus on repairs that offer the highest return on investment. Upgrading a kitchen or bathroom can provide a significant boost to your home’s value. Adding a room or updating flooring can also have a positive impact. Investing in energy-efficient upgrades such as windows or insulation can save money in the long run and appeal to environmentally-conscious buyers. Updates that get the highest returns are replacing the main entry and garage door. You can see a 100% return on both.

New roofing can result in 107% return. New hardwood floors can give a return of 106%. And refinished hardwood floors can see a 100% return. It’s important to do repairs based on your budget and the current state of your home. Don’t neglect simple repairs such as fixing leaky faucets or repairing damaged roofs, as these can detract from your home’s value. Consult with a professional to determine which repairs will provide the best ROI for your specific property. Remember, a well-maintained home will attract more buyers and ultimately command a higher price. Following all these tips will give you the highest return on investment.