Payson Real Estate – Best & Worst Home Renovations for Your ROI

Well, you are thinking of doing some home renovations and want to make sure you get the best return on your investment when it comes time to sell your home in the Payson real estate market. You will want to keep these 3 Best & 3 Worst renovations in mind.

First…The Worst

#1 – Master Suite Addition – Yes, everyone would love to have a spacious master suite to rest & relax in but when we are talking ROI, you would be better taking your attic space and turning it into an extra bedroom.
#2 – Sunroom Addition – This renovation has a very poor ROI which is typically only 49%. A sunny spot in your home may sound appealing but perhaps just sprucing up your patio would be better.
#3 – Home Office – The only renovation project with a lower ROI is a home office. Its ROI is only 46%. You may just consider a small desk off the kitchen area to do your work.

Now…The Best

#1 – Kitchen & Bathroom – Bathroom and kitchen remodels are best done when you address all the surfaces. A clean paint job for the walls, refinish the cabinets, as well as replacing out dated appliances and fixtures. These upgrades are typically less expensive than many remodeling jobs.
#2 – Windows – Updating your windows thru out your home can give you a large return on your investment when it comes time to sell. Also, new windows add great curb appeal to potential home buyers. Another added benefit is the energy efficiency of the windows which are being manufactured today.
#3 – Entry Doors – New entry doors can also add curb appeal. Steel doors are a great deterrent to criminals however they don’t last as long as wood or fiberglass doors. You will want to keep these things in mind as well as your personal preferences when replacing the entry doors in your home.

So, as you can, you will want to remember these three best and three worst renovations when thinking about remodeling your home. If you have any questions about selling your home in the Payson real estate market, contact Rory Huff at 928-595-0136