10/31/2022
Wondering what you need to fix up before selling your home? 🏠
Well, before you pick up the hammer, here are 5 renovations that RARELY give you a healthy return on your investment. Beware...
1. Plumbing Or HVAC — Buyers are only interested in what they can see, so upgrading to PEX when you already have functional plumbing or upgrading an HVAC unit that has been serviced and works will likely cost you more money than it is worth.
2. Bathrooms — According to Bankrate, most sellers who renovate their bathrooms only recoup about half of their investment. Instead, we recommend deep cleaning and replacing only what is absolutely necessary. Recaulking and installing a new shower curtain is never a bad idea.
3. New Windows, Carpet, & Floors —Before you replace something, ask yourself, "Can I just clean or polish it instead?". In most cases, yes. That's also a good thing. Because new floors are usually more expensive than they are worth, new windows are unnecessary unless your current windows are single pane or the seals have failed, and most buyers will install their own flooring anyway.
4. Knocking Down Walls — You should think twice about demolishing that wall. It's often less important to have a large living room or master bedroom, and more important (at least in terms of resale value) to have multiple bedrooms.
5. Replacing a Bathtub With a Gorgeous Walk-In Shower — This is extremely unlikely to earn you money. Extravagant renovations rarely pay off (many buyers prefer functional and clean over extravagant). Plus, if any potential buyers have children, they would rather have the bathtub anyway.
Instead of investing time and money in the renovations listed above, try a fresh coat of paint, professional photos, a mowed lawn, and a sparkling clean interior — you'll be surprised at what those things can do.
If any of this is too much hassle for you, give us a call at (713) 589-7773; we buy houses for cash, as-is.
