The reason why we ask sellers to prepare their home for market is because it is much different than just a general cleaning. Preparing your home to sell is one of the most important things you can do for yourself because it allows the buyer to imagine themselves as living in your home, making it their own, rather than just seeing your stuff and how you live.
Because each home is individual, we are able to consult with you on what it would take to prepare your home for market and assume the highest price possible. For a free consultation, click here.
Many homeowners come to us and want to know their Return on Investment for doing certain renovations on their home.
As a general rule, here is what we have found:
| Kitchen | 90-100% |
| Bathroom | 90-100% |
| New exterior | 90% |
| Bathroom addition | 85% |
| Room addition | 80% |
| Painting and decor | 70% |
| Garage | 70% |
| Skylight | 65% |
| Flooring | 60% |
| Deck | 60% |
| Roof | 60% |
| Windows/Doors | 55% |
| Fireplace | 50% |
| Main Floor Addition | 50% |
| Furnace Replacement | 45% |
| Finishing your basement | 15-25% |
| Pool | 5-15% |
| Home Office | 5% |
| Gazebo | 1% |
Remember, your home is still going to be compared with others in your neighbourhood so be careful when renovating for profit as to not over-renovate or you will never get your money back. Most homeowners renovate for their own comforts while living in the home. Of course the fact that your home may show better and may have far less showings (or even multiple offers), can also be of great benefit.