Real Estate

Will a simple remodel help me sell my home for more money?

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People ask me all the time what home improvement projects should they tackle before listing their home for sale.  They are hoping to make last minute improvements that will give them a net increase in the sales price of their home.  Unfortunately, there are few home improvement projects you can do that will net more money when you sell.

Most projects will only earn you a return of about 65% of what it costs to make the improvement.  The numbers will vary slightly based upon the type of project.  Each year a “Cost vs. Value Report” is published for Tampa detailing the information.

Some projects will yield a higher return such as adding attic insulation (a 155% return) and replacing a garage door (a 100.7% return) but most projects will not pay for themselves when you sell.  I would always suggest checking the report before investing in any project unless you are remodeling for your own enjoyment.

When you are ready to sell I would suggest you ensure all routine maintenance projects have been completed and have a thorough professional cleaning of your home- yes I am sure you are super clean, but potential buyers will see things you never even thought about.  This will help your home look it’s best and show buyers the home is well cared for.

If you have any questions or would like more information about the Cost vs. Value Report I can be reached by phone or text, 813-244-9688.

Kelly Harden, Realtor®

Mihara & Associates, Inc.

813-244-9688

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