A recent article published by Ilyce Glink (www.thinkglink.com) for CBS Money Watch outlines the top ten home renovations that yield the highest return on investment (ROI). The winner? A steel entry door yielded a 96.6% ROI! In fact, five of the top ten projects involved exterior remodeling or projects that increase the home’s curb appeal. As most experienced Realtors will tell you, curb appeal is key! Many buyers use the exterior appearance of the home as an indication of how well-maintained the home will be overall. A shabby exterior may lead buyers to assume that maintenance has been deferred, both in areas that can be seen and those that cannot. A clean, well-maintained exterior shows pride of ownership in the home, and gives potential buyers the immediate impression that the home has been properly cared-for. Whether this turns out to be true or not, the buyers will be more likely to at least come inside to see the rest of the home. If the exterior is shabby, buyers may not get any farther than the driveway!
Read the full article by following the link below, and see what renovations you could consider to get the highest return on your investment!
Looking to sell your home? Call 386-236-3700 to speak with a member of our expert Oceans Luxury Realty sales team. You can also stop by our Daytona Beach Shores office located at 3162 S Atlantic Avenue.