Do-It Yourself Improvements Help Sellers Maximize Sales Prices

Wondering what home improvements will benefit you the most when you sell your home? HomeGain.com, a Web site that provides home value estimates, recently released a list of the top 12 do-it-yourself home improvements that cost under $5,000 and benefit sellers the most when they go to sell their homes.

The list is based upon the responses of nearly 1,000 real estate agents nationwide. According to the HomeGain survey, the top five home improvements that agents recommend to sellers, based on cost and return on investment (from highest to lowest ROI), are:

1. Cleaning and de-cluttering ($200 cost/$1,700 price increase/872% ROI)
2. Home staging ($300 cost/$1,780 price increase/586% ROI)
3. Lightening and brightening ($230 cost/$1,300 price increase/572% ROI)
4. Landscaping ($320 cost /$1,500 price increase/473% ROI)
5. Repairing plumbing ($385 cost/$1,250 price increase/327% ROI)

Cleaning and de-cluttering always rank near the top of suggested home improvements for sellers. In fact, 99 percent of real estate agents recommend that their clients do so, HomeGain says. And it’s easy to see why—for a cost of about $200, cleaning and de-cluttering add an average of $1,700 to a home’s sale price, an 872% return on investment.
"Many Realtors agree, especially in a buyer's market, that sellers who make these recommended home improvements often get their homes sold faster and at higher prices," says Louis Cammarosano, a general manager at HomeGain.

Rounding out the top 12 of the list of projects: Updating electrical; replacing or shampooing carpets; painting interior walls; repairing damaged floors; updating the kitchen; painting the exterior; and updating bathrooms.

For more information about low cost do-it-yourself improvements that will help your home sell faster, call our CENTURY 21 Adams & Barnes office today at 626.358.1858 or 626.963.7621.