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Considering return on investment, where is money best spent on remodeling?

Asked by Trulia Las Vegas, Las Vegas, NV Mon May 6, 2013

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7
Best advice I ever got. Get a NEW front door, the nicest one you can afford.


David Cooper Investing in Las Vegas since 1994
http://www.lasvegaswinner.org FREE REO Foreclosure List
702.499.7037 FREE Consultation
0 votes Thank Flag Link Tue May 7, 2013
This simple answer by all surveys are #1 The Kitchen is the king and #2 is The Bathrooms.
0 votes Thank Flag Link Mon May 6, 2013
Thats a good question that is being asked almost every day by investors.

An investor has to be carful when deciding to remodel an investment property. Some of the remodeling that will bring high return are:

1.Flooring like tile, wood and marble
2. Kitchen remodeled
3. landscaping front and back
4. room additions
5. painting the interior nd exterior
6. replacing the light fixtures and adding ceiling fans
7. Bathrooms
8. Some of the " facelift items" like replacing shower heads, door handles, faucet fixtures can make the property more attrective and will result in higher bids.

Rena Levy
Broker/Associate
Cerified International Property Specilaist
702-612-7099
cvegashomes@gmail.com
Web Reference: http://www.cvegashomes.com
0 votes Thank Flag Link Mon May 6, 2013
Kitchen, bathroom, extra bedroom or extra bathroom
0 votes Thank Flag Link Mon May 6, 2013
My top three for best ROI would be:
1: landscaping - cutting back an overgrown yard helps curb appeal tremendously for next to no cost.
2: paint - for a few dollars, you can touch up a home or for a few hundred, repaint whole rooms.
3: carpet - for a couple dollars per foot, you can get fresh flooring.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Mon May 6, 2013
Depends on if you are renting or flipping.
0 votes Thank Flag Link Mon May 6, 2013
Kitchens, restrooms and landscaping.
0 votes Thank Flag Link Mon May 6, 2013
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