It isn’t always easy to figure out how to spend your money when you’re selling a house. If you’re like most people, you want to make the biggest impact for as little as possible. Many sellers focus on the main living spaces in their homes, like the kitchen, bathrooms, and dining room, but those areas don’t matter as much to buyers as they used to.
Here at EXIT Realty Midwest, serving Cherokee, Le Mars and Spirit Lake, IA, we understand how difficult the 2017 housing market can be for people selling a house and for their real estate agents. For these reasons, our team offers in-depth training for new agents, giving them the opportunity to work well with clients and earn more money. Here are three renovations that offer great returns in today’s market and how they will help your clients sell their house sooner than they would be able to otherwise.
Selling A House? 3 Renovations That Offer Great Returns
1. Replace Vinyl Siding
First impressions are crucial in real estate, which is why you should talk with your clients about replacing their dated vinyl siding. In addition to fading and looking old, vinyl siding can also bow over time, creating a rumpled look that will instantly concern potential homebuyers. Replacing vinyl siding is also a wise investment for anyone selling a house, since it offers an 83% return on investment.
2. Update The Garage Door
Most people don’t realize it, but garage doors can take up a large percentage of the visible exterior of the home, especially if the garage entrance is on the front of the house. To improve the value of the property, talk to your sellers about updating their garage door by replacing it, repainting it, or adding hardware. Garage door replacements are relatively inexpensive, costing an average of about $2,300, but they have a return on investment of 87%.
3. Add Attic Insulation
Today’s consumers are more concerned than ever before about energy efficiency, which is why adding more attic insulation is a good move. Being able to list a home as energy efficient is a great way to attract buyers who are concerned about ongoing ownership costs, and attic insulation improvements have a staggering return of 116.9%.
With years of experience in the Spirit Lake, Iowa, area and convenient locations in Spirit Lake, Le Mars, and Cherokee, our team at EXIT Realty Midwest makes selling a house simple, convenient, and fun. For more information about becoming an agent or working with us to buy or sell a home, visit us online or call (712) 336-3405.