Installing new kitchen cabinets/ appliances: Studies indicate, while new kitchens enhance value, the ROI is well under 100%! Therefore, rather than trying to disguise the ills, clean up the kitchen and the kitchen appliance, make it neat and clean, and have a price adjustment, rather than maintaining an unrealistic listing price.
2. Major plantings/ landscaping: While curb appeal is important, rather than investing extensively into creating a showcase, your efforts would be more wisely spent, doing some impact – planting, and seeding/ mowing. Trim the bushes, add some color, by planting some seasonable flowers or plants, and address curb appeal, rather than thinking a huge expenditure will provide a net – profit, return on investment!
3. New carpeting/ floors: Most buyers will probably have their own tastes, and will generally replace carpets, anyway. Don’t spend money on floors, as you might, if you planned to continue living in this home. Rather, re – finish, clean, and neaten floor areas.
4. Painting: Should you do full – house painting, or touch up? This applies to both inside and out. Wise sellers should focus on doors, entry – ways, around windows, and areas which look worn or shabby, and touch up localized areas, rather than the full house!
5. Bathroom overhaul: One might spend large sums of money, to create a show – room, bathroom, but, remember, your taste might not be the potential buyer’s! Make reasonably priced, cosmetic improvements, clean it up, etc, but remember the bottom li