| by Kenneth Chase | 35 comments

Best Home Improvements for Resale | 7 Home Improvements to INCREASE Property Value


What can you do to add the most value to your
house and get the best return on your investment before you put it on the market to sell? How’s it going everyone my name is Matt
Leighton and welcome back to another real estate video. In today’s video we’re looking at Seller
ROI. We’re going to cover the top seven items
that you can do to your property that will help to increase the value the most before
you put it on the market. Now this isn’t going to be like HGTV where
you have a $50,000 budget and you’re going to completely re-do your house and gut your
kitchen and bathrooms. That’s not realistic. HGTV is not real life. These tips are going to be for real people
who may only have a few hundred bucks or a thousand dollars to spruce up the house. And if you only had a small amount of money,
wouldn’t you want to spend it on those items that will bring you the highest return? Of course. So with that being said, let’s take a look
at the top seven things you can do to get the best return on investment: Number one is paint. By far the best thing you can do to prepare
your home to sell on a limited budget is to paint. You’re going to want to freshen up living
rooms, dining rooms, bedrooms, really whatever needs it, with a fresh coat of paint in a
light, neutral color. If you already have a light-colored paint
job in your house, then maybe you can get by with just doing touch-ups. But if you have bold colors like red, yellow,
green, purple, and basically anything that would catch someone’s attention, you’re
best bet is to get a fresh coat of neutral paint. You don’t want people to remember the color
of paint in your house. You almost want the paint to be an afterthought
as it’s purpose is to open up the space, make the room look larger, and to compliment
any furniture in your house. Number two is to improve lighting where possible. Notice I said where possible. Don’t go out and buy a lavish chandelier. Don’t spend money on a fixture that clearly
doesn’t fit the space due to style or size. Whereas the goal of the paint was to almost
avoid attention, when it comes to light fixtures, you want people to notice how nice the fixture
is and how bright the rooms are. And the best part about it is you can go to
Home Depot and get really nice looking track lighting and other lighting fixtures for only
a hundred bucks or even cheaper. Old out-dated light fixtures detract from
the real value of the house. New lighting fixtures brighten up your house,
they make your home look bigger, and it’s one of the best investments you can make before
your sell your home. Number three is to replace wall switches,
faucets, knobs, and door handles. The small things make a difference. These are fixes and upgrades that cost a very
little monetary amount and end up making a huge difference. Now you may be thinking, what am I going to
spend $50 replacing wall switches and redeem $100 in value? It’s not worth it. Think in terms of time on the market. Your home may not sell for more directly because
you take out your door knobs from the 1940’s and replace them with ones from this century,
but your home will sell faster. And time is money. So if you have old outlets, strange fixtures,
and dirty or yellow wall light switches, change those out. The new ones will pair well with your fresh
coat of paint. Number four is to do minor kitchen upgrades. Now I say this one with a little bit of hesitation,
because sometimes we can get carried away in the kitchen. We’re not talking about a gut job or opening
up walls or anything like that. Things to consider on a tight budget would
be to install granite countertops, custom backsplash, or re-face the cabinets. Notice I said OR because these are expensive. But if your kitchen is outdated or a little
behind-the-times, doing one of these things can help significantly. If you can only do one of the three, consider
doing the countertops first. If you already have nice countertops, go for
cabinet refacing. If you have both of those, put in a cool backsplash. That’s what buyers are looking for these
days. Be sure to pick a design that won’t turn
off buyers. But sexy kitchens sell properties. If it’s in your budget consider doing minor
upgrades to the kitchen Number five is to install hardwood floors
instead of carpet. Imagine if your living room, dining room,
rec room, or even bedroom has carpet that needs to be replaced. Well instead of replacing it with carpet,
consider replacing the carpet with a laminate hardwood floors. Hardwood floors make homes feel bigger and
its what buyers want. Nobody wants carpet anymore. Again, this one might be something where the
budget is an issue, so if it is, maybe only install hardwoods in the living space. The first impression is everything with buyers
and new hardwood floors instead of carpet is a great way to impress buyers and to make
your space seem much larger. Number six is staging. Staging your property to sell is one of the
best things you can do to sell your home quickly and for the most amount of money. Here’s the deal, no matter what anyone tells
you, most buyers cannot imagine how furniture will fit in a room unless they see
it in-person. And not only that, staged homes will have
a warm, homey feeling as compared to vacant homes that can give off cold, unfriendly vibes. The pictures online will also look better,
rooms will look bigger, awkward spaces can be taken care of, and above all staging helps
place the attention on the benefits of the homes and helps to hide any flaws. Staging costs about $1,000 – $2,000 for condos
and $2,500 – $4,000 for houses. Now that’s a lot of money. But if you are selling your house 30 days
faster than you would have originally and for more than you would have if the home was
empty, then you are making back that money and more when you stage your home before you
put it on the market. Finally number seven is landscaping. The great part about this one is that you
can do it yourself and not spend any money! Or spend very little on plants and mulch. Do the bare minimum and then go from there. First things first, you have to have the grass
nicely trimmed at all times. We had a home listed for sale over the summer
and I went to do the open house about 2 weeks after we listed the home and the entire front
yard was overgrown. I’m thinking, what are we doing? An unkept yard and poor curb appeal could
already seal the fate of the home even before the buyer walks through the front door. Landscaping can be very expensive. What you want to do is to get your yard looking
nice, get rid of weeds, mulch where necessary, and add in some flowers depending on the time
of year. Guys curb appeal is a big deal. Make sure the home looks as good on the outside
as it does on the inside. There you have it, the top seven things you
can do to on a budget to get the best return on your investment when you look to sell your
house. What are your thoughts? Does my list match your list? Let me know in the comment section below if
you have any other items you would add to this list for the best ROI. Thanks for watching. Until next time, create a productive day. Take care.

35 Comments

Savannah Berd

Dec 12, 2017, 11:04 pm Reply

Thanks for the infomation! I am building my new home http://www.drhorton.com/Virginia/Northern-Virginia
and want to get the most out of my home! Thanks again.

California Sunshine

Jan 1, 2018, 9:09 pm Reply

"Sexy kitchen"? Are you going to have sex with the kitchen? It can be stylish, cozy, modern, but not sexy! I'd not trust an agent who calls the kitchen sexy.

Matt Leighton

May 5, 2018, 1:20 pm Reply

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James D

Aug 8, 2018, 7:16 pm Reply

Simple but very good tips Matt. Keep sharing and good luck!

GONZALO gomez

Sep 9, 2018, 4:19 pm Reply

Nice video good thing I found this video. Does siding increase the value of the house? W have vinyl but my wife wants aluminum she thinks the price will go up

L. M. Dyre

Jan 1, 2019, 3:42 am Reply

HGTV is not real!? How dare you burst my bubble! Lol!

sanket joshi

Jan 1, 2019, 7:18 am Reply

How about installing good quality LVP instead of hardwood?

James Ebola

Feb 2, 2019, 8:53 pm Reply

The ONLY thing that really matters is the LOCATION. Everything else can be changed to your taste.

nick jeffries

Mar 3, 2019, 12:27 pm Reply

Informative video! i too have a similar video on my channel designed for london residents if you would want to check that out https://youtu.be/pO-9LbVtM5I
Thanks for reading.

TheM3agan

Mar 3, 2019, 5:13 pm Reply

Do you think removing our popcorn ceiling would be a good bang for our buck? I know you mention light fixtures in several videos. We have that awful textured ceiling and I don't know if that will take away from updating fixtures. Or if that's something a buyer will even worry about.

Jason Taylor

Mar 3, 2019, 11:23 pm Reply

Strategically Racist and old news

Vanessa b

Apr 4, 2019, 2:12 am Reply

Does adding a bedroom in an already finished basement add value? The house is a 2 bedrooms, 2 bathrooms bungalow. Basement has large windows and 9 ft ceiling. Thank you! 🙂

Plebian Bargain

Apr 4, 2019, 4:13 pm Reply

Skin tone white lololol only the brave will understand

George Arteaga

May 5, 2019, 3:07 am Reply

Black kitchen appliances!!!!

Carly Morales

May 5, 2019, 12:57 pm Reply

Changing out the knobs in our kitchen made a huge difference. They used to be these ceramic flowery handles and now they are clean metal. Cheap and simple.

Denis Vigil

Jun 6, 2019, 6:05 am Reply

Where are you based out off? You mentioned Arlington! Lol

Andersonze

Jun 6, 2019, 5:07 am Reply

Lmao grass to the knee

Ryan Murphy

Jun 6, 2019, 1:51 am Reply

Was this video sponsored by Home Depot?

Kimberly Enriquez

Jun 6, 2019, 4:25 pm Reply

Got our new house in Texas and needs a lot of improvements in the kitchen which I was gonna do anyway because I love to be in my kitchen and had no idea this could raise the value of our house! Thankfully my father in law has a granite business and will be installing it for free at our new house! Yay! ????

Street Muscle

Jul 7, 2019, 6:12 pm Reply

What do you think of pendant lights in kitchen and man-made quartz on kitchen countertop? good vid, great tips, thanks!

Hold The Bacon

Jul 7, 2019, 2:36 pm Reply

Sexy kitchens absolutely sell your property! Curb appeal that doesn't stop at the front of your house is a must! Great video! Staging is premium! My last house sold the first day it was on the market!

Hold The Bacon

Jul 7, 2019, 2:38 pm Reply

Most houses I see these days are so cluttered, it's hard for most ppl to see what the possibilities actually are! I like what you said about getting rid of too much furniture. It's so true!!!! Love the video!

Merewetherful

Jul 7, 2019, 3:30 am Reply

I came across a property that had dark grey, blue and green feature walls and there were like 20 buyers fighting for it. It got an extremely high price – https://www.realestate.com.au/sold/property-house-nsw-wyoming-129182702

Rubin lopez

Jul 7, 2019, 2:46 am Reply

Starts @ 1:08

Stephen Lacher

Jul 7, 2019, 11:40 pm Reply

Realtor beige has been 21st century upgraded to realtor gray.

Stephen Lacher

Jul 7, 2019, 11:42 pm Reply

There is also such a thing as 'period correct' hardware, etc.

Tofy the Bear

Jul 7, 2019, 5:00 pm Reply

Amazing Info! Quick Question! if you had 20k to work with, what are the top 5 areas you would invest to get better ROI on the house?

Vicki Cox

Aug 8, 2019, 2:57 pm Reply

Wow, love you and your ideas!

l b

Aug 8, 2019, 1:47 pm Reply

At first, I thought you said to sage the house lol… ?

Decal03

Aug 8, 2019, 9:25 pm Reply

You forgot tip number 8 don't leave up any family picture. Buyers can be judgmental depending on who owns the home.

Jaybiddy95

Sep 9, 2019, 5:20 pm Reply

Roofing? Powerwash the garage if you work on cars

Dylan Browning

Sep 9, 2019, 11:29 pm Reply

Track lighting …yikes

Johnny Casteel

Oct 10, 2019, 1:29 pm Reply

" living in arlington" LMFAO you nailed it!!!
????????????

Chris Kelley

Oct 10, 2019, 6:59 pm Reply

Dear god I thought he said ‘sage’ instead of ‘stage’ and I nearly shit myself

Amber Swartz

Oct 10, 2019, 12:19 pm Reply

Not bad tips, but these don't apply to every house. Had the sellers updated the hardware in our house it would have looked awful. I love the old hardware, it matches the period of the house. Same with the light fixtures. The only important part of displaying them is to make sure you use the right bulbs.

If you live in a home that matches a historical style, think twice before updating pieces of it to fit a modern style.

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