Clients info@timotitoju.com 306.591.6524

5 HOME IMPROVEMENTS WITH THE BIGGEST RETURN ON INVESTMENT

5 HOME IMPROVEMENTS WITH THE BIGGEST RETURN ON INVESTMENT

Posted: Friday September 24, 2021

The consensus is that making any type of home improvement will automatically increase a home’s value, and thus, garner a bigger asking price when you sell. Unfortunately, this isn’t always true. While transforming your main bathroom into the spa-like experience you’ve always dreamed of sounds like a good idea, if you’re selling your home, it may not add to the value of it as you’d think. On the other hand, fixing an aging roof or replacing gutters will almost always up the value of your home. 

There are several tried and true home improvements that will increase the return on your investment, so if you’re planning to sell soon after making them, these are the improvements you should consider. 

1. MINOR BATHROOM UPDATES

No one likes to think they are using someone else’s bathroom, so focusing on updating and improving the bathrooms in your home is something most homebuyers welcome. The good news is, you don’t have to gut the whole room and start over to increase your ROI. Instead, try adding some additional lighting to make the room brighter, and add a new vanity. By simply giving the room a fresh, new look, homebuyers are more likely to give your home a second look. 

2. IMPROVING CURB APPEAL

First impressions are powerful, which is why it’s smart to up the curb appeal of your home. The key to landscaping is to keep it simple, with trim, clean lines. The landscaping in your yard should suggest that you care about how your home looks but not that it takes a great deal of time or money to keep it looking that way. 

3. MINOR KITCHEN RENOVATION

The kitchen is one of the most important rooms in a home. In fact, for most homebuyers, the kitchen can make or break a sale. 

Again, the good news here is that you don’t have to spend a great deal of time or money on updating the kitchen to make it appealing to homebuyers. Instead of completely overhauling the room, go for more subtle upgrades like refinishing the cabinets and installing new hardware or replacing the old appliances with newer modern ones. 

4. MAKE A BEDROOM IN THE ATTIC

If your home has a convertible attic, you should consider making it into an additional bedroom. Anytime you can add to the number of bedrooms in a home, you up its value instantly. Homebuyers love the fact that an attic can be used as a bedroom, so go for it if you have the space. 

5. REPLACE THE ENTRYWAY DOOR

Like the landscaping suggestion above, the entryway door is likely one of the first things homebuyers will see when they visit your home. Replacing the entryway door is the least expensive way to increase your ROI and it gives you another way to put your best foot forward to make a great first impression. 

Many people think they need to go all-out when making home improvements to increase their home’s value for sale. While some home improvements do just that, all home improvements are not created equal. If you’re looking to increase the return on your investment when selling your home without breaking the bank, try the suggestions listed above. 


Regina Real Estate Blog

Interested in Buying a new home or Selling your existing property? Not sure where to start? Below you'll find articles tailored to give you a hand with many different tasks involved in the process.

5 WAYS TO BECOME RESPONSIBLE HOMEOWNERS
HOW TO AFFORD TO BUY YOUR FIRST HOME
WHAT YOU SHOULD THINK ABOUT WHEN RENTING AN APARTMENT
4 TIPS FOR SELECTING THE RIGHT PAINT COLOR FOR ANY ROOM
TIPS TO PLAN AND DESIGN YOUR SCREEN PORCH
5 HOME IMPROVEMENTS WITH THE BIGGEST RETURN ON INVESTMENT
5 THINGS TO DO THIS YEAR IF YOUR GOAL IS TO BUY A HOME
HOW TO CREATE A CHILD-FRIENDLY KITCHEN
3 MISTAKES TO AVOID WHEN HIRING A HOUSE PAINTER
CLEVER CLOSET SOLUTIONS FOR RENTERS
7 ORGANIZATION FOR A BETTER HOME OFFICE EXPERIENCE
EMPTY NESTER? WHY IT MAKES MORE SENSE TO MOVE RATHER THAN RENOVATE
EVERYTHING YOU NEED TO KNOW ABOUT FLOOD INSURANCE AND WHETHER YOU NEED IT OR NOT
CREATE YOUR HOME(WORK) STATION
DECORATING IDEAS FOR APARTMENT LIVING ROOMS
5 BASIC THINGS EVERY REAL ESTATE INVESTOR SHOULD KNOW
HOW TO PREPARE FOR RENTING YOUR FIRST APARTMENT
THE AVERAGE COST OF ADDING A KITCHENETTE
REDECORATING YOUR KITCHEN? HERE ARE A FEW IDEAS
KEEP YOUR PLACE IN PERFECT SHAPE WHILE YOU’RE AWAY
3 TIPS FOR MAKING YOUR HOME APPEAR PET-FREE WHEN TRYING TO SELL IT
HOW TO INCREASE YOUR HOME’S VALUE WITH WATERPROOFING
6 IDEAS FOR ORGANIZING YOUR CLOSET
TOP 6 FEATURES OF A PROFITABLE RENTAL PROPERTY
5 BASIC IDEAS OF MODERN HOME DECOR
HOW LONG YOU SHOULD LIVE IN YOUR HOME BEFORE SELLING IT?
4 TIPS ON HOW YOU CAN SELL YOUR HOME FAST
7 STUNNING WAYS TO DECORATE YOUR LIVING ROOM
4 THINGS TO AVOID WHEN SELLING YOUR HOME
6 TIPS FOR BUYING YOUR FIRST RENTAL PROPERTY
RENT OR BUY A HOME? THE BEST OPTION FOR YOU
7 HELPFUL USES FOR LAUNDRY DETERGENT
6 ROOM DECORATION IDEAS FOR YOUR HOME
5 BATHROOM PAINT COLOR TRENDS
HOW TO GET THE MOST FOR YOUR MONEY IN A SELLER’S MARKET
HOW TO KEEP CLEAN AND SAFE RENTAL PROPERTIES
7 INTERIOR TRENDING DECOR IDEAS
5 TOP REAL ESTATE NEGOTIATION STRATEGIES
January Market Report
BUYING A BATHTUB? HERE’S EVERYTHING YOU NEED TO KNOW
Avoiding Moisture Problems in the Home
Create More Space in your Kitchen
Balancing the Emotional and Practical Sides of Buying a Home
4 REASONS TO GET INTO REAL ESTATE AND STAY IN IT
HOW TO GET BUILT-IN SHELVES ON A BUDGET
October Market update
June 2020 Market Update
How to Quickly Improve Indoor Air Quality
Conversation with Jenna McKay
Estimating Your Selling Costs
April 2020 Market Update
Healthy Lighting for Your Home
Surviving COVID
Real Estate Chat with Kyle Kerr
Morning Chat with Melissa McCullough
Regina and area March 2020 Market Update
WHAT TO REPAIR BEFORE YOU LIST
First Time Home Buyer Tax Credit
Pricing your home
Making “Neighbourhood Targeting” Work for You
Lets Talk Tuesday
January 2019 Market Update
Should You Move or Renovate?
Light Your Way to a Faster Sale
4 Ways to Make the Home Hunting Process Easier
Tips for Selling Your Home In a Slower Market
3031 Fuller Place, East Regina
7 Emerald Vista, White City Sk
4427 Wolf Willow Place
Home Tour: 2169 McTavish Street, Regina SK
8 Mistakes to Avoid When Buying a Home
Second Time's a Charm
Buy or Sell First?
Tips for Showing your Home