Home Improvements
to Maximize Your Return at Sale
|
These improvements show an investment return at sale from negative 35 percent to positive 642 percent. |
| The table is from two sources: (1) "Prepare to Sell" study by HomeGain®, and (2) "Cost vs. Value" study by the National Association of Realtors®. Data is from a poll of real estate agents active in the southeastern United States and Greater Tampa area. | |
| Home Improvement | Typical Cost | Gain in Value | Gain or Loss at Sale |
| Lighten and brighten | $134 | $901 | +642% |
| Clean and de-clutter | $306 | $2130 | +595% |
| Landscape front/back yards | $420 | $1537 | +258% |
| Repair electrical or plumbing problems | $337 | $928 | +152% |
| Stage home for sale | $1851 | $2882 | +66% |
| Paint interior walls | $1555 | $2430 | +52% |
| Repair damaged flooring | $1700 | $2402 | +39% |
| Paint exterior walls | $2189 | $3020 | +32% |
| Replace or shampoo carpeting | $2728 | $3478 | +24% |
| Bathroom Remodel | $8,275 | $8,655 | +5% |
| Major Kitchen Remodel | $39,301 | $39,750 | +1% |
| Master Suite Addition | $59,387 | $58,800 | -1% |
| Roof Shingle Replacement | $11,401 | $10,600 | -7% |
| Deck Addition | $6,836 | $5,960 | -13% |
| Sunroom Addition | $30,535 | $22,600 | -26% |
| Family Room Addition | $52,168 | $38,000 | -27% |
| Window Replacement | $9,357 | $6,065 | -35% |