It's not hard to find articles about which home improvement projects will yield the highest payback in a sale. I checked on a few, and they all have pretty similar selections for high-payback remodels. I also found a couple of articles about what NOT to spend your money on. If the plan is to sell within the near future, there is a lot of agreement about which projects get the thumbs-up:
• Kitchen: This one tops the most lists, as the kitchen has become a popular gathering place for today's lifestyle. If you're careful and don't go for a complete overhaul of an already acceptable kitchen, the payback is pretty good in resale. New appliances should be the top item on the list, then using the remainder of a conservative budget on countertops and fixtures is your best bet.
• Bathroom(s): Mostly we're talking about the master bath, as it is the most important. Again, conservative spending on fixtures, tile, and a new bath/shower setup is usually the best approach. Spending $10k or more is usually less likely to pay back however.
Read the full article here: http://www.huffingtonpost.com/ryan-poelman/selling-or-staying--where_b_8000448.html
• Kitchen: This one tops the most lists, as the kitchen has become a popular gathering place for today's lifestyle. If you're careful and don't go for a complete overhaul of an already acceptable kitchen, the payback is pretty good in resale. New appliances should be the top item on the list, then using the remainder of a conservative budget on countertops and fixtures is your best bet.
• Bathroom(s): Mostly we're talking about the master bath, as it is the most important. Again, conservative spending on fixtures, tile, and a new bath/shower setup is usually the best approach. Spending $10k or more is usually less likely to pay back however.
Read the full article here: http://www.huffingtonpost.com/ryan-poelman/selling-or-staying--where_b_8000448.html