Want to get the most resale bang for your buck in this real estate market? Start by replacing your home’s windows and doors, according to a recent article by The Wall Street Journal.
Unlike pricey additions or renovations, energy-efficient doors more than pay for themselves in the value they add to your home and replacement windows allow you to recoup about 77 percent of your initial investment.
“Experts advise against major remodeling—like kitchen expansions and big additions—if you plan to sell within a year. You probably won’t recoup your expenses, because the cost also will include tearing down your existing room, and your taste mightn’t appeal to every buyer. For short-term gains, stick to repairs and replacements instead.”