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Top 5 Home Improvement Projects Under $500 with 300%+ ROI |
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Written by Jason Elrod
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You often here about the big projects and how much you can recoup based on those projects. Things like new kitchens, new bathrooms, swimming pools and the such. Funny thing about those projects is they always seem to come up a bit short on the Return On Investment. A kitchen remodel will often bring an 80%-90% return depending on the situation (which is not bad by any means) and can make a big difference on your overall enjoyment of the home.
Good news is there are plenty of project that the DIY homeowner can do to increase the value of there home without spending a lot of money. Below is the top 5 home improvement projects that cost less than $500 and can net you a return of over 300% of their cost!
1.Cleaning and 'de-cluttering' your house.
-Average cost of cleaning supplies and storage containers: $250
-Average price increase for a clean home: $2,180
-ROI: 872%
2.Stage and coordinate your décor.
-Average cost to have a stager come in and help you with existing furniture and design: $300
-Average price increase for a coordinated home: $1,780
-ROI: 586%
3.Light up your house and get rid of the dark corners.
-Average cost to replace and add lighting: $230
-Average price increase for a well lit home: $1,300
-ROI: 572%
4.Curb Appeal Landscaping
-Average cost to cleanup and spruce up landscape: $350
-Average price increase: $1,656
-ROI: 473%
5.Fix the leaks.
-Average cost to replace leaky faucets around the home: $385
-Average price increase: $1,250
-ROI: 327%
By making these small improvements you will not only be able to sell you home for a higher price, but it will sell faster and you get to enjoy all the updates until then!
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Jason Elrod
'The Real Estate Insider Running Your Neighborhood'
916-626-4266
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Broker Associate / Keller Williams Realty
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