Here is a list of the home upgrades you should consider if you want a high return on investment when selling your home. These are great tips to keep in mind when you are thinking about listing your home, or just in need of a refresh. For those interested in prepping their home for sale, Dudum offers the RE | CONCIERGE program for our clients. This program helps sellers get their home market ready with no upfront costs. Whether you need to pay for every aspect of the presale checklist or just schedule a professional cleaner, RE | CONCIERGE can help! If you are interested in learning more about our concierge program, contact one of our knowledgeable Dudum Real Estate Group agents. If you’re looking for a larger list of home renovations and their return on investment, check out Cost vs Value 2021.

New Deck - 87% Rate of Return

If you’re looking for an affordable way to boost the value of your home, a deck is a great option. In fact, some experts claim that installing a deck can increase the value of your home more than if you added another bathroom or living room. Decks are also normally much more inexpensive to add to your home than these other home renovations. Another reason deck renovations are so popular is because they can increase the square footage of your home. In a post-pandemic world, we see buyers want more outdoor space for their families. A deck definitely gives them more usable dining and living space.

Kitchen Remodel - 78% Rate of Return

Kitchen remodels have a proven track record of high return on investment for homeowners. Many kitchen renovations pay for themselves, or come close to it, when selling your home. Buyers are looking for a comfortable, updated kitchen. Think light and bright when planning for a refresh. Replacing or painting cabinet doors, installing new countertops or backsplash, and adding durable flooring will guarantee the most buyer interest and willingness to pay a higher sales price.

Bathroom Addition/Remodel - 69% Rate of Return

The rate of return depends on the work you do, and there is no such thing as getting back, dollar for dollar, what you put into any remodeling project. However, a new or refreshed bathroom definitely enhances home appeal. Financial experts say that updated bathrooms hold strong appeal to potential home buyers – not just for aesthetics but also because of their greater efficiency. This can be achieved through the addition of energy-efficient, water-reliant fixtures (toilets, faucets, and showers) and lighting. It's worth taking some time to look at the Environmental Protection Agency and Department of Energy website to see how these additions can add up to monthly water and electric savings.

New Windows - 64% Rate of Return

Some prospective home buyers might turn away if they know a home’s windows need to or are close to replacement. New operable wood, fiberglass or vinyl windows not only provide homeowners the option of improved functionality, but can also benefit the safety of your family. Newer windows feature enhanced security options, including up-to-date locks and security sensors which provide homeowners additional peace of mind. Updated windows can ultimately help lower your energy costs and reduce noise pollution. Studies have shown that noise pollution can be harmful to our health.

Attic Bedroom - 53% Rate of Return

Finishing unfinished space in the house is an extremely cost effective way to offer what potential buyers are looking for, more space! It’s true everywhere, but especially in older neighborhoods with smaller homes… a finished attic can definitely add to resale value. Whether creating an additional bedroom, living space or playroom, home buyers are always looking to maximize square footage.