If you are trying to figure out which home improvement projects in Colorado Springs give you the most bang for the buck, the folks at Hanley Wood have a nifty website you should check out. I’ve summarized the top 5 here. Now these are the top 5 home improvement projects in Colorado Springs, but you can use their site to look for other major cities in the U.S. Go to COST vs VALUE and select your region, state, and city for the most recent data.
Without further adieu, here’s the Top 5 Home improvement projects for Colorado Springs.
Download this infographic (pdf): Top 5 Home Improvement Projects in Colorado Springs
Again, go to costvsvalue.com to get your complete report.
There are some pretty high dollar items on this list of top home improvement projects in Colorado Springs. If you’re looking to save money while still increasing the value of your home, there are some lower cost options. They may be a little less measurable in terms of getting money back, but these steps may help get your home sold faster.
- Improve “curb appeal” by adding nice looking landscaping and exterior lighting
- Update the fixtures in your bathrooms and kitchens
- Fix squeaky doors and windows
- Re-caulk bathrooms and windows
- Interior paint … use neutral colors to appeal to the broadest number of buyers
There are some “improvements” that can actually hurt your chances of selling so you’ll want to watch out for these. Here are some general guidelines to keep your attempts at improving your property from actually decreasing your chance of selling for top dollar.
- DON’T install an above ground pool
- DO get permits for all improvements (if required)
- DON’T use really wacky colors when you paint…interior OR exterior
- DO blend in with the rest of the neighborhood
Finally, I’d like to conclude this post by saying I believe the list should be used more as a rank order tool than a precise estimate of what the work will cost. There are some very compelling arguments that point out how home improvements can be done much more cost effectively … especially if you approach the project with a specific goal of improving value. That’s different than undertaking a project to suit your particular sense of esthetics…that can understandably be much more expensive. KayuConnection makes a fantastic case for profitable home improvements. See the article HERE.
10 Investments to Boost Your Home’s Value via DIY Network
Home Improvement Projects that Increase a Homes Value via Kyle Hiscock
7 Quick Home Improvement Projects via HouseHunt.com
Home Improvement Mistakes That Impact Real Estate Value via Bill Gassett
About the author: The above article “Top 5 Home Improvement Projects in Colorado Springs” was provided by Kevin Guerrero of Keller Williams Clients’ Choice Realty. To find out more about Kevin and Keller Williams check out the ABOUT US page.