Raoul Loustaunau, urhomefinder.com myvaluetoday.com (REALTY ONE GROUP)

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Rainmaker
2,666,604
Debbie Gartner
The Flooring Girl - White Plains, NY
The Flooring Girl & Blog Stylist -Dynamo Marketers

Besides the obvious of "it depends"...depends on the issues w/ the home and comparison vs. the neighborhood, it depends on what you mean...do you mean best ROI?

If so, generally ROI on kitchens and bathrooms are negative...you get back 60-70% of investment. So, generally, no that would not be my 1st reco.  (However, sometimes fixing/improving a few items will help.  Generally adding granite counter  = 100% (or breakeven) on investment.  Adding hardwood floors to kitchen will have positive ROI.  Painting dark cabinets white and fixing hardward, generally will be slightly positive, adding appliances positive.

Painting is usually a smart investment...but generally not white, but rather a neutral color of beige or gray or taupe.

If there is hardwood underneath the carpet, ripping up the carpet & refinishing will generally be your best ROI.  Adding hardwood will also be very positive.  Retiling generally will not be.  Replacing carpet may be needed if very smelly/dirty offensive, but generally will not improve value...but leaving it may decrease value.

You may find this article helpful.  What types of flooring provide the best ROI if you are selling your home?  It applies a bit more to East Coast where there are plywood subfloors.

Feb 13, 2015 09:22 AM
Rainer
513,461
Sham Reddy CRS
H E R Realty, Dayton, OH - Dayton, OH
CRS

Paint might cost $200 in the can but it might be worth $2000 on the wall

Feb 13, 2015 08:04 PM
Rainer
279,248
Dipti Thakkar
LAER Realty Partners - Andover, MA
On a team with Praful Thakkar

Kitchen.

Jun 23, 2018 10:22 PM
Rainmaker
629,173
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

kitchen and bathrooms.

Feb 09, 2018 07:34 PM
Rainmaker
4,796,904
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I agree.

Jan 08, 2018 05:22 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thank you Kathleen ,Joan and Ron for you comment enjoy valentines weekend

Feb 14, 2015 02:45 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thank you Evelyn , William and Larry for you input , have a great valentines day

Feb 14, 2015 02:45 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thank you Dan and Pratful for your comment , have a great valentines day

Feb 14, 2015 02:44 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thank you Sham and Maureen for your input i hope you enjoy valentines

Feb 14, 2015 02:43 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thank you for your input Nina and Gita hope you have a great valentines

 

Feb 14, 2015 02:41 AM
Rainer
367,652
Raoul Loustaunau
REALTY ONE GROUP - Phoenix, AZ
urhomefinder.com myvaluetoday.com

thanks Debbie and Vera for your comments have a great valentines

 

Feb 14, 2015 02:40 AM
Rainer
112,617
Vera Gonzalez
RE/MAX Suburban, Inc. - Sterling Heights, MI
Gonzo For Real Estate

Raoul Loustaunau had a client who had a bungalow who did attic space. Home went from 2 bed 720 sq ft bungalow to a 1020 sq ft and a 3 bed..  Yes bath and kitchen but sometimes simply adding heat to a sunroom may be the bigger return. these were also in areas where sq ft  was not easy to find. 

Feb 14, 2015 01:43 AM
Rainmaker
3,053,529
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Maybe not white paint--often considered too sterile, but certainly very neutral. Paint, kitchen and bathroom updates, and never forget the outside as that's the first thing people see. Paint the front door (or replace if needed), make sure the front yard is well landscaped. Pressure wash exterior of home and driveways.

Feb 13, 2015 11:06 PM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It depends on the condition of the house and the list price. I agree painting and upgrading kitchen and bathrooms helps.

Feb 13, 2015 08:21 PM
Rainmaker
820,093
Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
Room Solutions Staging, Portland OR - Portland, OR
"Staging that Sells Portland Homes"

Please, don't paint your house white .... unless it's the "right" white that has undertones that work with the fixed elements in the home.  There are many neutral shades that would be far better than white.  Home stagers can advise sellers on the best paint colors that buyers love and that will enhance the home's interior as well as exterior.

Feb 13, 2015 04:15 PM
Rainmaker
507,995
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Clean, declutter, organize.  New surfaces like floors & countertops often return more than the cost.  Paint is hard to beat.  Kitchens that are functional, but slightly outdated may find new life with paint & counters, but full out remodels are usually too much and too personal to pay back what they cost.  

Feb 13, 2015 04:05 PM
Ambassador
4,299,346
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Raoul Loustaunau best return on investment for seller would be kitchen remodel and bathrooms. Painting of course is very good, too.

Feb 13, 2015 02:44 PM
Rainmaker
2,394,939
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Painting a home white in my market is a mistake.  Too blah...

Feb 13, 2015 02:36 PM
Rainmaker
3,980,831
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Paint is one of the easiest and cheapest ways to improve the look.  Also, Fertilize the front lawn...Curb appeal!!!!

Feb 13, 2015 12:59 PM
Rainmaker
1,675,376
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

The best improvement is getting out the clutter, so the potential buyers can actually see the house.

Feb 13, 2015 12:39 PM
Rainmaker
633,946
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Make the front door look new or buy a new one, add some color to the front landscaping, powerwash the exterior, touch up the interior and exterior paint or repaint if it's a strong color.

Feb 13, 2015 12:09 PM
Rainmaker
4,064,330
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I would say it depends also, what price range?   Painting and carpet are obvious, but in the higher price ranges, granite, stainless appliances and updated lighting and fixtures.

Feb 13, 2015 10:51 AM
Rainmaker
925,749
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

In my humble opinion, I would go for having great kitchens and baths.  Carpeting is not in the picture much anymore, but a great floor might cost more than a wonderful new kitchen!

Feb 13, 2015 06:12 AM