Kenneth Bargers Blog

HomeGain Releases Top Five ROI-Driven Home Improvement Projects for 2011

According to HomeGain.com’s newly released 2011 home improvement survey, the top five home improvements (under $5,000) that real estate professionals recommend to home sellers based on average cost and return on investment (from highest to lowest ROI) are:

• Cleaning and de-cluttering ($290 cost / $1,990 price increase / 586% ROI)
• Lightening and brightening ($375 cost / $1,550 price increase / 313% ROI)
• Home staging ($550 cost / $2,194 price increase / 299% ROI)
• Landscaping ($540 cost / $1,932 price increase / 258% ROI)
• Repairing electrical or plumbing ($535 cost / $1,505 price increase / 181% ROI)

Cleaning and de-cluttering continues to rank as the top suggested home improvement (since the survey was originally conducted in 2000), recommended by 99 percent of real estate professionals, costing less than $300 and returning a value of nearly $2,000 to the home’s sale price, or a 586 percent return on investment. …read complete story CLICK LINK

Source: Michael Gerrity, Real Estate Channel, Homegain.com; blog distribution provided by Kenneth Bargers and Bargers Solutions residential real estate services located in Nashville, Tennessee

January 24, 2011 - Posted by kbargers | home maintenance, home remodel, real estate | bargers solutions, blog, home improvements, home selling, homegain.com, kenneth bargers, michael gerrity, Nashville, real estate channel, residential real estate services, return on investment home projects, tennessee