High Impact/High Return Home Improvements

  • March 11, 2016

When you’ve bought a home, it is easy to get caught up in aesthetics and decorating. But when you are saving up money to make some upgrades, keep in mind what you will actually recoup when you sell your home in the future.
1. Basic Repairs – One of the first turnoffs for a potential buyer is learning of everything that needs to be fixed. Throughout your time living in the home, keeping up on basic repairs such as leaky faucets, caulking in showers and bathtubs, and landscaping can be huge.
2. Siding – Having to replace the siding of a house is a big undertaking, but one that pays off. Keep up the siding of your home with regular self-inspections and fresh coats of paint when necessary to keep the curb appeal, and basic good structure of your home, up to date.
3. Drainage – Regularly checking your gutters, roof, attic, and basement areas for signs of leakage are important. Investing in a new gutter or professional drainage in your basement could keep potential buyers interested. No one wants to have to deal with potential roof problems or a basement prone to flooding. Making these improvements to your home could allow you to see a big return on your investment when you sell.
4. Appliances – The looks of a home are obviously important as well. Researching and purchasing energy efficient appliances that work well will be a draw for many buyers who do not want to bother with older, less efficient models.
5. Kitchen/Bathroom – If you have the money to remodel an entire room, go for the kitchen or bathroom. Try not to make too many personal customizations that won’t be attractive to buyers in the future. Do it right by including granite countertops, plenty of lighting, sturdy and eye-catching flooring, and sleek but useful features.
Keep these high impact/high return improvements in mind when investing in your home.

  • Facebook Icon
  • Linked In Icon
  • Twitter Icon
  • Google Plus Icon

Latest Tweets

© CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS ID #1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender with corporate office located at 3160 Crow Canyon Road, Suite 400, San Ramon, CA 94583 888-264-4663. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act No. 4150025; AK #AK1820; AZ #0903132; Colorado regulated by the Division of Real Estate; Georgia Residential Mortgage Licensee #15438; Illinois Residential Mortgage Licensee; Kansas Licensed Mortgage Company #MC.0001160; Massachusetts Mortgage Lender License #MC1820 and Mortgage Broker License #MC1820; Mississippi Licensed Mortgage Company Licensed by the Mississippi Department of Banking and Consumer Finance; Licensed by the New Hampshire Banking Department; Licensed by the NJ Department of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services; Ohio Mortgage Broker Act Mortgage Banker Exemption #MBMB.850204.000; Licensed by the Oregon Division of Financial Regulation #ML-3000; Rhode Island Licensed Lender #20142986LL; and Licensed by the Virginia State Corporation Commission #MC-5521. CMG Mortgage, Inc. is licensed in all 50 states and the District of Columbia. Offer of credit is subject to credit approval. For information about our company, please visit us at www.cmgfi.com. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and NMLS Consumer Access (http://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1820).