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Best Bet ROIs

Everyone wants their house to look nice and be attractive to buyers when the time comes to sell, but few people actually do their research to find out what people are looking for when they're out to buy Markham homes for sale. If you want to make sure the renovations you do create the most bang for your buck when it comes time to sell the house, use this article to find out which jobs will generate the best return on investment. The following are the top four best bets.

Paint and Decor

Number one on our list just goes to show that you don't always have to spend a lot of money to improve your home's sale prospects. Just by applying a new coat of paint to the rooms, getting rid of your clutter, and decorating your home to look like a magazine with a few well-placed knickknacks and throw pillows you can end up with a 73% return on your investment. The reason for this is that most people can't see beyond the surface when looking at a house for sale Oshawa.

Kitchen

Kitchen renovations are among the most time consuming and expensive, so it's no wonder that most people will look for Toronto real estate for sale that has an updated kitchen before they'll consider doing the work themselves. Updating the kitchen can be as simple as installing some new cabinet hardware, lighting, and countertops, but if your appliances are out of date (think 1970s or 80s) then they should be your top priority. If done right, your ROI will be in the neighborhood of 72%.

Bathroom

Bathrooms have a tendency to go out of style fast and be expensive and difficult to upgrade, so many Scarborough houses for sale will be on the market with outdated loos. You can get the drop on the competition by getting rid of that hideous pink tile and and that old worn tub and net yourself a 68% return on investment. Keep things neutral, though, as colored tiles and fixtures could go out of date before the time comes to sell.

Exterior

The exterior is the first thing that people see when they drive up to the houses for sale in Thornhill they're considering, so if it looks its best, you're much more likely to sell the house at a good price. Just giving the outside a new coat of paint or power washing the siding will earn you a 65% return on investment as long as you don't do anything outrageous that makes your house stick out like the neighborhood sore thumb.


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Wednesday, February 22, 2012