It is no secret that the current buyers market that we are in has left home sellers wondering what it will take to get the best possible price for their home and as quickly as possible.

Many homeowners are turning to renovating their homes in an attempt to set themselves apart from other homes for sale in the community, but what renovations can be done to get the largest rate of return?

First and foremost it is important to keep in mind, whether you are selling now or in the future, general maintenance and upkeep of your home is a logical investment. Homebuyers are drawn to “move-in-ready” homes so they are not burdened with having to tend to basic repairs after moving in.

With that said, there has been a lot of discussion, articles written and blog posts made that outline the types of renovations, beyond general maintenance, that are commonly taken on, resulting in a reasonable return on your investment when selling your home. These renovations include:

•    The Kitchen
•    Bathrooms
•    Floors and Wall Finishes
•    New Siding
•    Extra Living Space
•    Windows
•    Decks
•    Energy Efficient Improvements

Before you decide to jump into any major renovations before selling, it is always a good idea to consult with your Realtor® to evaluate the market values in your community.  Ideally you want the renovations you decide to spend your time, effort and money on, to get you the best possible price for your home (within a reasonable neighborhood price point) and the largest return on your investment.

Major renovations before selling can be pricey, time consuming and a great investment, but shouldn’t be entered into lightly. Depending on your time frame and when you need/want to be out of your home, all renovations should be carefully planned and reviewed with your agent.