For millions of Americans, a home will be the biggest investment of their lives. So, when it’s time to sell, it’s smart to take steps to optimize the return on that investment.
With the real estate market on a steady climb back to solid ground, more people are feeling comfortable enough to explore the option of selling. If you’re flirting with the idea of listing your home, it’s important to outshine the competition.
Here are eight home improvement investments that offer sellers the highest return, with all figures coming from a 2015 Remodeling magazine survey:
A coat of paint gives you a lot of bang for your home-improvement buck. Painting a room is economical, and it is a project most folks can handle without hiring a contractor.
If you’re selling, focus on rich neutral colors inside the home. It’s OK to push beyond the standard colors of builder’s beige and off-white. With a little experimentation and a keen eye, browns, greens and grays can become part of a contemporary neutral color scheme that will highlight the best features of your home and impress potential buyers.