Doing certain upgrades to your home will improve it's potential to sell and will allow it to sell for a better profit. You can take on some simple projects in key areas of your home to make a really big difference. Kitchens and baths are two of the most important rooms to consider upgrading.
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It costs about $10,500 to replace the tub, tile surround, floor, toilet, sink, vanity and fixtures. You'll get back an average of $10,700 at resale, a recoup rate of 102%.
A minor kitchen remodel averages $14,913 and brings in $14,691 at resale, a recoup rate of 98.5%. Go for the minor remodel when your kitchen needs a cosmetic update and not a drastically different floor plan.
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You can get big returns for the money and effort you put into the home you are looking to sell. Upgrades are one of the first things people look for in a home, they don't want to have to do a lot of work before they can move in. Save them the trouble, do the upgrades and make a tidy profit.
Home Upgrades That Will Give You More Bang for Your Bucks