The highest return we have seen is for painting home fresh and neutral colors and landscaping, to make it more inviting, the well-known curb appeal!
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Thanks for a great questions,
But in general the home should be uncluttered and personal items removed
Clean clean and extra clean, sparkling windows, clean floors (whether removing carpeting or cleaning or replacing it
If appliances are truly old and outdated, that may be a great place to replace, nice new and clean
And one of the easiest and probably least expensive ways of upgrading and getting a home ready for
sale is PAINT, may be not all the rooms, not even all the walls, just depends, but a few walls, a bathroom with an interesting en vogue color, will make a huge difference....
And if the home is decorated with outdated old curtains, may be removing them and replacing them
with shutters or mini blinds will bring the home to a more modern state.
But the places where money needs to be put could be very very different for another home.
A good Realtor will be great to give the right advice!
Edith YourRealtor4Life & Chicago and Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and Investors alike....
And always with a SMILE ïŠ
Covering for @Properties the city of Chicago, all N and NW suburbs, the fine homes on the
North Shore, and many of the W and SW suburbs, and with her trusted Partner Agents all of
the US and worldwide properties. Edith speaks French, German, some Spanish and other.....
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It is crucial to determine if you are working with an obsolte floor plan.
If you are, take extreme care in spending real money.(as if there was another kind of money.)
Next the curb. If you can't get them in the door, you'll pay in the end.
Next Kitchen. Focus on everything the woman touches. (sue me)
Have a strategy.
For.the most part, fresh neutral paint inside and out. New flooring is next, prefinshed hardwoods IF.tou can.get.at the.right.price. Last.is minor landscaping
I have been remodling and reselling homes for 20 years.
For.personal use is one thing, for ROI.and.resale, keep it under$10,000 or.you may never see a return on your money