Return on Home Improvement Investments

(2007 HomeGain Survey of over 2,000 real estate agents nationwide)

 

 

Improvement

Typical

Cost

Increase in

Sales Price

Average

Return

Agents Who Recommend

Professional Home Staging

 

$403 - $584

$1,938 - 2,431

343%

91%

Lighten & Brighten

 

$233 – 370

$1,178 – 1,566

355%

97%

Clean & De-Clutter

 

$190 – 318

$1,505 – 1,937

578%

97%

Landscape Front/Back Yards

 

$378 – 546

$1,718 – 2,158

319%

97%

Fix Plumbing, Electrical

 

$436 – 621

$1,205 – 1,590

164%

93%

Repair Damaged Flooring

 

$628 – 878

$1,633 – 2,061

145%

94%

Update Kitchen & Bathrooms

 

$1,404 – 1,828

$3,216 – 3,934

121%

87%

Replace or Shampoo Carpeting

$562 – 808

$1,532 – 1,950

154%

98%

 

Paint Exterior Walls

 

$663 – 938

$1,757 – 2,205

147%

88%

Paint Interior Walls

 

$651 – 920

$1,741 – 2,179

150%

97%

2007 HomeGain Survey of 2,000 real estate agents nationwide found that moderately priced home improvements, ranging from $80–2,800, made in preparation for sale actually yield the highest returns when a house is sold.