9/29/07

Benefits To Home Staging & Repairs & ROI

Your return on home improvement investments


Lighten and brighten
Improvement-$86-110
Typical Cost-$768-935
Increase in Sales Price-769%
Agents who recommend-84%

Clean & de-clutter
Improvement-$305-339
Typical Cost-$2,093-2,378
Increase in Sales Price-594%
Agents who recommend-91%

Fix plumbing, electrical
Improvement-$338-381
Typical Cost-$922-1,208
Increase in Sales Price-196%
Agents who recommend-63%


Landscape & trim
Improvement-$432-506
Typical Cost-$1,594-1,839
Increase in Sales Price-266%
Agents who recommend-72%

Staging
Improvement-$212-1,089
Typical Cost-$2,275-2,841
Increase in Sales Price-169%
Agents who recommend-76%


Kitchen/bath upgrades
Improvement-$1,546-2,120
Typical Cost-$3,823-4,885
Increase in Sales Price-138%
Agents who recommend-83%

Repair flooring
Improvement-$1,531-1,714
Typical Cost-$2,267-2,589
Increase in Sales Price-50%
Agents who recommend-62%

Paint exterior walls
Improvement-$2,188-2,381
Typical Cost-$2,907-3,233
Increase in Sales Price-34%
Agents who recommend-57%

Replace carpeting
Improvement-$2,602-2,765
Typical Cost-$3,585-3,900
Increase in Sales Price-39%
Agents who recommend-65%

Based on a 2003 HomeGain Survey of 2,000 real estate agents nationwide found that moderately priced home improvements, ranging from $80-2,800, made in preparation for sale actually yield the highest returns when a house is sold. Increases for 2006 are anticipated to be even higher.