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Where do you want to spend your money for your best ROI when selling?

At a recent Home & Garden Show in Western Canada the focus was on the 3 Rs – Renovate – Rejuvenate – Revitalize to get your property ready for selling, or to live better in your existing home before you sell.

And the 3 Best Renovation ROIs for selling:

1) If you install a fireplace you will get 94% of the money you spent back!

2) If you renovate your bathroom you will get 69% of the money you spent back!

3) If you renovate your kitchen you will get 79% of the money you spent back!

While most home staging studies (such as National Home Improvements Survey conducted Home Gain) will concur with this, if you are making a big investment it’s a good idea to make other big investments in your home as well. For example if you are renovating your bathroom, you most likely will have to do your kitchen, and if you do your kitchen take a look at your flooring and while you are at it do the walls need a new updated colour? Keep the level of renovations or home improvements equal so that the entire house looks like it works together…otherwise some good home improvements might be better than renovations!

Colleen McClure
administrator
Colleen McClure Administrator & Proud owner of PRES Staging® - Expert Home Stager. When I was very young I began drawing interiors, it just came naturally. When I work with a client now, I see the finished project completed in my minds-eye as they explain how they would love to see their space created. I am able to provide sketches on the spot of their vision so this invokes client confidence and excitement for the project from the inception through to the brilliant manifestation – How Fun! When the economy did not support the luxury of home improvements, other passions led me to full-time work as a career counsellor. I very much enjoyed assisting people one-on-one to discover their own talents but this was an arena where I would develop effective techniques in workshop design and group facilitation as well. This would lead to a ‘happy marriage’ as I would apply these skills and passions when I purchased PRES Staging® - The Professional Real Estate Staging Centre. It’s truly the greatest joy to inspire others to discover and hone their innate talents – To witness their emerging confidence while coaching them on design principals and providing them the tools to start and run their own Home Décor businesses for Redesign and Staging. If you’ve ever thought you might enjoy this line of work, or even to do it for yourself and friends, get in touch – Let’s chat!