Home Repairs that Payoff When Selling

Every smart home owner knows that making repairs before selling will improve the chances of selling at a higher sales price.

Bathrooms and kitchens are the top home improvements that will return the most money upon resale. Every year, the National Association of Realtors, in conjunction with Remodeling Magazine, publishes the Cost vs. Value Report. Nationally, a minor kitchen remodel, gives you the most bang for your buck. In the western part of the United States, that return was more than 100%.

But what about installing a new roof, replacing an older furnace or painting? How much do those types of repairs add to the bottom line at your real estate closing? Should you put in new carpeting? How much will dated wallpaper distract from a sale?

If you'd like to make money on your home improvement efforts, you should consider the time of year, competing inventory similar to your house, the temperature of the marketplace and the location of your property, among other important factors . . . read more about Repairs Before Selling.

More Articles by Elizabeth Weintraub, click below:

• Home Selling Mistakes
  
• Staging a House
  
• Preparing the House for Sale

_{Photo: © Elizabeth Weintraub}

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