Small Fixes Can Pay Off When You Sell Home
The Wall Street Journal|January 08, 2025
You want to sell your home, but the kids have scuffed up the floors and chipped the paint. The kitchen could use a face-lift and the lawn has seen better days. Every seller has to decide whether to sink money into their house before listing it, and how much. Lately, the stakes have grown as the cost of construction and materials has skyrocketed. Borrowing to pay for those repairs has gotten more expensive, too.
VERONICA DAGHER AND BEN EISEN
Small Fixes Can Pay Off When You Sell Home

The consensus among the dozen real-estate agents interviewed by The Wall Street Journal: Don't go overboard.

Shelling out small sums to punch up highly-visible parts of the property, particularly outside, increases the curb appeal. Spending large amounts to turn the place into your dream home doesn't make it someone else's dream home. (Below is a bang-for-your buck guide.)

"Sellers should avoid trying to become a general contractor," said Scott Harris, a real-estate agent at Brown Harris Stevens in New York.

What to fix

Replacing a garage door cost $4,513 on average in 2024, but added $8,751 to the resale value, recouping 194% of the cost, according to Zonda, a residential construction-focused research company. That project provided the most value in the firm's annual cost-value comparison.

Replacing an entry door cost $2,355 on average and added $4,430 to resale value, recouping 188% of the cost.

Diese Geschichte stammt aus der January 08, 2025-Ausgabe von The Wall Street Journal.

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Diese Geschichte stammt aus der January 08, 2025-Ausgabe von The Wall Street Journal.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.