There are plenty of national statistics showing which home improvements are likely to add the most to the value of your house. Remodeling Magazine’s recent study indicates that the list would include, in this order: insulation, a new front door, new garage doors, new siding and new windows.
However, in my opinion, this list varies greatly from region to region. Here in Litchfield and Dutchess Counties, we have a large percentage of part-time residents, many of whom don’t have the time or interest in doing renovations after purchasing a home in the Tri-State area. For our market, newly-renovated top-quality kitchens and baths would be at the top of the list to bring the maximum sales price. All of the other items mentioned above are also huge benefits to producing a sale, but if the kitchen and baths are dated or unattractive, you will probably be leaving money on the table.
If you are considering some major home improvements, whether to enjoy or with the thought of eventually selling, we at Best & Cavallaro would be happy to meet with you and offer some advice.