Rehab to increase home value
What things should I upgrade in a home to increase the value the most. Trying to get the ROI as possible.
Thank you
Most Popular Reply
Hey Troy,
The best thing to do is look at comparable sales in the area you're investing in. See what others in the area are doing to rehab a property, as far as finishes go to sell for top dollar in the market.
Obviously Kitchen's and Bath's are big things if outdated. Flooring, Paint, and fixtures, are high ROI items for lower cost to rehab. Really depends on the condition of the property you have to determine the scope of work needed to sell for the most money. As for the exterior fresh paint and landscaping goes a long way on curb appeal.
Look for the common theme in the neighborhood within the fixed up properties that are selling and try to mimic that, no need to reinvent the wheel.