Member Education & Consumer Tips
Increase the Resale Value of Your HomePlanning on selling your home? Maximize the resale value with simple improvements that will bring the highest return on your investment.
Source: Lisa Bosse, Accredited Staging Professional
| Average Cost | Increase in Sales Price | Return on Investment | % Agents Recommend | ||
Lighten and Brighten |
$98 |
$538 - $865 |
619% |
83% |
|
| Recommended Action | Replace any burnt-out bulbs and use higher wattage bulbs, if possible. Have defective electrical components repaired or replaced. Make sure skylights are clear and keep drapes open during the day. | ||||
Clean & Straighten Up |
$279 |
$1,594 - $2,058 |
556% |
90% |
|
| Recommended Action | Remove clutter by storing items in basement, attic or friend's home. Rent a storage space or sell excess items, if needed. Keep every room very clean during open homes. Do pre-open house cleanliness inspections. | ||||
Staging |
$612 |
$1,466 - $2,362 |
213% |
72% |
|
| Recommended Action | Buy some fresh flowers, live plants and other decorations to liven up the home. Dispose of old furniture or other large items. Consider renting furniture or hiring a staging consultant. | ||||
Yard |
$398 |
$1,013 - $1,361 |
198% |
70% |
|
| Recommended Action | Store away personal effects from front yard. Hire gardener or landscaper to trim back the overgrowth and maintain yard. Make sure that your lawn has a healthy green appearance. | ||||
Update Kitchen and Bath |
$1,549 |
$2,817 - $4,641 |
141% |
75% |
|
| Recommended Action | Update kitchen and baths by resurfacing cabinets or painting with neutral color. Replace toilet seats, dated fixtures and drawer/cabinet handles. Freshly caulk and redo grout in countertops, sinks, tubs and showers. | ||||
Plumbing and Electrical |
$309 |
$550 - $816 |
121% |
60% |
|
| Recommended Action | Consider repairing or replacing any defective plumbing or electrical items in your home. Make sure you have the right person for the job by getting several estimates. | ||||
Paint interior |
$1,422 |
$1,891 - $2,550 |
56% |
66% |
|
| Recommended Action | Repair any damaged interior walls by patching all chips, holes and cracks; then touch up or repaint interior walls with neutral color. | ||||
Flooring |
$1,566 |
$1,842 - $2,362 |
198% |
60% |
|
| Recommended Action | Repair and refinish damaged floors, or cover with neutral-colored wall-to-wall carpet and note damage in your disclosure. | ||||
Carpeting |
$2,798 |
$3,268 - $3,828 |
27% |
63% |
|
| Recommended Action | If carpets are only lightly soiled, shampooing and/or spot removal should suffice. If there are rips, fading, heavy wear, smells or deep stains, replace with neutral color. | ||||
Paint Exterior |
$2,119 |
$2,299 - $2,862 |
22% |
54% |
|
| Recommended Action | Repaint or resurface the outside walls of house, as needed. Patch and repair any damaged areas. | ||||
Source: Lisa Bosse, Accredited Staging Professional
