Real Estate Help & Advice

  
Search by Category:   Search by Keyword

The Best Home Repairs - The Greatest Returns
September 9, 2006
By: Chuck Ivas
RE/MAX Elite
630.325.5555
34 S. Vine
Hinsdale, IL 60521
Contact Us

Which Home Repairs Result Greatest Return

 

In a Prepare-to-Sell study, agents list the small improvements that pay the biggest dividends when a home is sold.  Many sellers overlook some of the most critical items in the pressure of getting their home prepared for sale.  Here they are listed form highest to lowest returns on investments.

Products Typical Cost Price Increase Return on Investment % of Agents Investment Recommending
Lighten and brighten a home $86-100 $768-935 769% 84%
Clean & de-clutter a home $305-339 $2,093-2,379 594% 91%
Landscape and trim
front and back yards $432-506 $1,594-1,839 266% 72%
Repair damaged electrical
and plumbing problems $338-381 $922-1,208 196% 63%
Stage a home for sale $812-1,089 $2,275-2,841 169% 76%
Update kitchen and
bathrooms $1,548-2,120 $3,823-4,885 138% 83%
Paint interior walls $1,453-1,588 $2,342-2,600 63% 69%
Repair damaged flooring $1,531-1,714 $2,268-2,589 50% 62%
Replace or shampoo
carpeting $2,602-2,765 $3,583-3,900 39% 65%
Paint exterior walls $2,188-2,381 $2,907-3,233 34% 57%

UPDATE KITCHENS AND BATHROOMS

  • Make bathrooms and kitchen sparkle
  • If the appliances are included with the sale of your home, make sure they are operating and have proper documentation, such as warranties and repair information
  • If there are missing or damaged tiles, have them replaced
  • Retouch or repaint kitchens and bathrooms if the color is dated or the paint quality is poor
  • Make sure sinks are clean and stain-free
  • Repair damaged countertops, sinks or tubs
  • Remove any mildew and re-caulk crumbling caulk or grout on showers, sinks, tubs and surrounding areas
  • Clean tile grout and make stain-free
  • Paint, touch up or refinish kitchen cabinetry
  • Tighten or replace loose doorknobs or cabinet pulls, sticking doors and drawers and wobbly hinges
  • Replace toilet seats
  • If appliances are dated or not functioning, consider replacing

 

CLEAN AND DE-CLUTTER

  • Clean the entryway carefully, it creates buyer’s first interior impression of your home
  • Clean or purchase new front door hardware
  • Hire a professional to thoroughly clean the interior of your home
  • Remove excess furniture to give your home a spacious look
  • Clean the inside of all kitchen and bathroom cabinets, and neatly organize items on shelves
  • Polish woodwork and clean windows
  • Get rid of all items on front and back porch
  • Doors should be oiled and squeak-free
  • Ensure all doors, cabinets and drawers can open completely, without any blockage
  • Call in an exterminator to take care of insect problems
  • Have a garage sale before the home is listed
  • Keep bookshelves and entertainment units organized neatly
  • Make stairwells and corridors clutter-free
  • Keep screens cleaned and vacuumed
  • Get rid of odors (e.g. pet, foot, cigarette)
  • Organize closets
  • Remove appliances from kitchen counters to give a look of spaciousness
  • Make bathrooms sparkle; sinks, toilets and tubs should be immaculate

 

REPAIR ELECTRICAL AND PLUMBING PROBLEMS

  • Make sure that all bathroom and kitchen faucets are in good working order
  • All toilets should be in good working order
  • All drains should be cleaned and free flowing
  • If needed, hire a plumber to replace badly rusted and corroded plumbing pipes
  • Clean up, paint or replace old plumbing fixtures in all bathrooms
  • Repair leaky faucets and remove any rust stains in sinks or tubs
  • Remove mildew stains and repair any loose, crumbling caulk or grout around tile and tub areas
  • Repair holes in gutters and repair any separation from the eaves
  • Make sure that all smoke and burglar alarms are functional
  • Doorbell should be in working order
  • Inspect and clean furnace; change the furnace filter

 

CARPETS & FLOORS

  • Clean and wax wood or linoleum floors
  • Replace missing or damaged linoleum tiles
  • Clean linoleum floors in kitchen and bathroom
  • Replace worn out vent covers
  • Mop and vacuum floors
  • If you decide to replace a linoleum floor, choose a neutral color that will have wide appeal
  • Patch, repair or replace hardwood flooring

 

PAINT INTERIOR WALLS

  • Remove dated wallpaper and pain walls a neutral color
  • Whitewash dark paneling
  • Paint, touch up or refinish kitchen cabinetry
  • Put a fresh coat of paint on your front door
  • Tone down bright room colors by painting them white or a neutral color
  • All woodwork, such as stairwell railings and doors should be repainted and/or stained
  • Have leaks repaired and watermarks covered
  • Make sure that cracks in ceilings and walls are repaired
  • The windows should be washed and stain-free.  The window frames should be painted if necessary, and the hinges should not squeak.

 

PAINT EXTERIOR WALLS

  • Paint or clean front and garage doors
  • Paint shutters, making sure they are hung straight
  • Paint window ledges
  • Paint the mailbox
  • Paint over any rust spots or streaks on downspouts
  • Seal cracks on porch and remove any standing water, if concrete.  If the porch is wood, secure railings and seal or paint as necessary.
  • Sand and repaint areas with blistering or peeling paint
  • Paint exterior features
  • Paint or re-stain fence if it is peeling or dirty
  • Repair any damage to the chimney
  • Repair holes in gutter and repair any separations from eaves
  • Repair or replace shingles or tiles missing from the roof

 

LANDSCAPE FRONT AND BACKYARDS

  • Mow, trim, fertilize, weed and hydrate the lawn
  • Re-sod bare spots on the lawn
  • Remove dead or dying plants and flowers
  • Clean all debris from front and backyards
  • If views are obstructed by overgrowth, restore views by trimming trees and bushes
  • Add colorful plants or flowers near front door and porch area
  • Power wash the deck
  • Prune tress and bushes
  • Rake fallen leaves
  • Weed and fertilize the garden
  • Secure or repair fences
  • Remove moss and weeds from walkways and driveways
  • If you have an awning for the patio, make sure that it is also free of debris and that there are no tears or warn material
  • Keep firewood neatly stacked
  • Keep trash area clean and organized
  • Keep walks, steps and driveways obstacle-free
  • Replace welcome mat at the doorway


 

Other Ivas Team Articles


» Hinsdale Realtor Duo Ranks Tops » Hinsdale Realtor Duo Ranks Tops for March and April at RE/MAX Elite ... [view]

» First Time Home Buyers Credit » $8,000.00 CASH as a refundable tax credit to first time buyers! ... [view]

» Confidence Key For Today's Buyers and Sellers » Heed Warren Buffet's voice in midst of a global financial crisis...  ... [view]

» Generation Guide » A Little Bit of Knowledge Goes a Long Way... ... [view]

» Yearly Home Appreciation Isn't That Bleak » The Forecast isn't as bleak as the Media would have you belive... ... [view]

» This may be the moment to seize » We are looking forward to this time as we are sure you are ...This may be the moment to seize ... [view]

» DownSizing Success Story » Sold Listing in Darien ... [view]

» 8 Strategies For Buyers in a Flooded Market » Buyers are in an enviable position, with plenty of homes on the market, ... ... [view]

» 8 Strategies For Savvy Sellers » 8 Strategies For Savvy Sellers ... [view]

» Mortgage Rates Will Change » Mortgage Rates Will Change Dramatically Very Soon for Half of Borrowers ... [view]

» Pathways to Professionalism » We Comply with the Pathways to Professionalism ... [view]

» ILLINOIS HOUSING STATISTICS » Illinois Housing Statistics from 2006 to 2007 for DuPage and Cook County.. ... [view]

» Thriving in a Perfect Storm » Facts about surviving in this market... ... [view]

» Facts You Should Know For Choosing The Right Agent » Facts you should know for choosing the right agent... ... [view]

» Home Inspections! » Prime deal killers? Home inspections! Agents surveyed say contracts can break over minor repairs... ... [view]

» THE TEARDOWN EFFECT - Hinsdale Face-Lift » Most natives hate it. Most newcomers love it... ... [view]

» Corporate Buzz Words » New Corporate Buzz Words for 2007 ... [view]

» Circle of Legends Award 2006 » Diana Ivas of RE/MAX Elite, Hinsdale, was named to the Circle of Legends... ... [view]

» Preparing Your Home For Showing » Once you have decided to sell your home, there are a number of things, which you can do, to help get the best possible price in the shortest amount  ... [view]

» 5 Factors That Decide Your Credit Score » Credit scores range between 200 and 800. Scores above 620 are considered desirable for obtaining a mortgage. These factors will affect your score. ... [view]

» 7 Reasons to Own Your Own Home » Tax breaks. The U.S. Tax Code lets you deduct the interest you pay on your mortgage, property taxes you pay, and some of the costs involved in buying  ... [view]

» 10 Steps to Prepare for Homeownership » Decide how much home you can afford. Generally, you can afford a home equal in value to between two and three times your gross income... ... [view]

» Questions to Ask When Choosing a REALTOR » How long have you been in residential real estate sales? Is it your full-time job? (While experience is no guarantee of skill, real estate, like many  ... [view]

» 6 Creative Ways to Afford a Home » If your income and savings are making homebuying a challenge, consider these options. ... [view]

» Tips for Holding a Yard Sale » Hold a yard sale to reduce the clutter in your home and get rid of items you don’t want to move. ... [view]

» Hidden Home Defects to Watch For » No home is flawless, but certain physical problems can be expensive. Watch for ... [view]

» 8 Ways to Improve Your Credit » Credit scores, along with your overall income and debt, are a big factor in determining if you’ll qualify for a loan and what loan terms  ... [view]

» How Big a Mortgage Can I Afford? » (While experience is no guarantee of skill, real estate, like many other professions,... ... [view]

» What Your Home Inspection Should Cover » A Home Inspection is very important. Getting it done right is just as important. Use this article as a point of reference for your next inspection. ... [view]

» 5 Things to Do Before You Sell » Get estimates from a reliable repairperson on items that need to be replaced soon, such as a roof or worn carpeting, for example. In this way, buyers  ... [view]

» 10 Ways to Make Your House More Salable » Get rid of clutter. Throw out or file stacks of newspapers and magazines. Pack away most of your small decorative items. Store out-of-season clothing  ... [view]

» 5 Ways to Speed Up Your Sale » Price it right. Set a price at the lower end of your property’s realistic price range... ... [view]

» Moving Tips for Sellers » Give your forwarding address to the post office, usually two to four weeks ahead of the move... ... [view]

» 20 Low-Cost Ways to Spruce Up Your Home » Make your home more appealing for potential buyers with these quick and easy tips... ... [view]

» Does Moving Up Make Sense? » Answer these questions to help you decide whether moving up makes sense... ... [view]

» Tips on Buying in a Tight Market » Increase your chances of getting your dream house instead of losing it to another buyer, with these easy steps. ... [view]

» The Pros and Cons of Condos » Condominiums and townhouses offer an affordable option to single-family homes in most areas. But consider these facts before you buy. ... [view]

» 5 Reasons You Need a REALTOR » How Realtors are a valuable resource and partner when it comes to your home buying or selling needs ... [view]

» 10 Things to Take the Trauma Out of Homebuying » Home buying jitters? This article will help you settle your nerves and get you started the right way ... [view]

» The Smooth Move Transaction Program » After a homes sells, the buyer usually has five days to perform a home inspection. Usually, the inspector finds imperfections with the home. Then  ... [view]

» Tips for Finding the Perfect Neighborhood » The neighborhood you choose can have a big impact on your lifestyle—safety, available amenities, and convenience all play their part. ... [view]

» What Not to Overlook on a Final Walk-through » A Final Walk-through checklist. ... [view]

» 10 Tips for First-Time Homebuyers » Are you in the process of buying your first home? Read these tips to help you along the process ... [view]

» Stop the Confusion Before It Starts...Knowing How Agents Work » When buying or selling real estate, you may find it helpful to have a real estate agent assist you. Real estate agents can provide many useful  ... [view]

» Before You Sell - A Basic To Do List » In order to sell your home effectively you must make sure you have your home in top shape for viewing ... [view]

» Homeowners Insurance 101 » For most people, your home is your most valuable asset. That's why it's vital that you choose right homeowners to protect your property and  ... [view]

» 15 Marketing Strategies » The Ivast Team's 15 Marketing Strategies that will effectively sell your home sooner than later  ... [view]

» Spring Time Tips for the Home » Spring is the ideal time to rescue a house from the ravages of winter and prepare for the summer sun. Here are some home maintenance tips that will  ... [view]

 

HOME     ABOUT US    CONTACT US    PRIVACY POLICY    SITE MAP    Web Marketing by Dios Design