Utah Realtor Paula Higman Reviews Best Remodeling Remedies for Return on Investment
Park City, UT (March 2019) -- Park City Realtor Paula Higman, of the Higman Real Estate Team,
lists the top four tips regarding remodeling before selling a home.
“Remodeling projects are known to create the most return on investment,” said Higman. “Certain projects, however, are always more fun and yield the greatest cost recovery,
including the following four.”
No. 1: Replace the roof. The best remodeling project that will increase a home’s value and has the greatest cost
recovery is putting on a new roof. In fact, the National Association of REALTORS® (NAR) estimates the median cost of new roofing at $7,600, but has the percentage
recovered at resale at 105 percent.
“When selling a home, first impressions are crucial, and enhancing curb appeal with a new roof
can entice potential buyers, particularly with an eye-catching color that complements your home,”
No. 2: Install wood floors. The NAR further estimates that the median cost to complete a new wood
floor is $5,500, and the percentage recovered at resale is an impressive 91 percent. The trend of late
in wood flooring is light colors, such as gray and blonde woods. “However, dark-stained wood floors are
still in high demand, especially when coupled with light furniture and white cabinets,” added Higman.
No. 3: New garage door. New and stylish garage doors can also amplify curb appeal and impress prospective buyers, as it’s one of the first things they notice when looking
at a home. The NAR calculates the median new garage door cost at $2,300, and the percentage recovered
at resale at 87 percent. Homeowners today are largely choosing garage doors that are energy efficient.
“They are also opting for contemporary or decorative garage doors,” stated Higman.
No. 4: Make minor kitchen improvements. This can help the homeowner recoup more than 83 percent of
the total cost of a minor kitchen remodel. “I recommend swapping out any outdated hardware and faucets,
re-staining the hardwood floor and/or refacing cabinets and drawers,” concluded Higman.
Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction.
Contact Paula Higman Real Estate today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.
Insure that you have the best representation when buying and/or selling in The Colony. Contact Paula Higman Real Estate Park City at 435-602-8228 For a property tour and more information about Heber City and the surrounding areas.
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