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

Author: Kenneth Bargers

REALTOR®, Tennis Player, Titans & Vols Fan, Nashvillian... learn more about me at http://www.bargers-solutions.com/about-me

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