Ignite FB Tracking Pixel Flipping a House? Don't Forget These Renovation Projects - Maggie Reed
IXL Real Estate Eastern Shore
Maggie Reed, IXL Real Estate Eastern ShorePhone: (423) 227-7444
Email: [email protected]

Flipping a House? Don't Forget These Renovation Projects

by Maggie Reed 12/15/2021

When flipping property, every project is unique. However, there are some specific renovations and upgrades to include to add the most value to the home. To make the most of your fix-and-flip property sale, focus on renovation projects with the best ROI. Here is a list of some projects to prioritize in your flip:

Curb Appeal

A simple place to begin with your renovation is the outside of the house. Cleaning up any overgrown landscaping and planting new trees and shrubs will improve the curb appeal and boost home value. Other outside projects to consider include replacing or refreshing the front door and giving the front porch or patio a makeover. Also, don’t forget that power washing can go a long way in improving the look of the exterior of a home.

Kitchen Upgrades

It’s tempting to blow your budget on a complete kitchen renovation. However, if your focus is ROI, choose certain features or projects to prioritize. For example, add a new stain to old cabinets, replace the flooring and upgrade any appliances that need it. This will help you stay in budget while still adding value to the home.

Bathroom Refresh

Even minor bathroom remodels can yield huge ROI. Unless the plumbing needs major repairs or upgrades to be functional, you can deep clean and replace fixtures to give the bathroom a whole new look for less. Try updating the lighting and adding a fresh coat of paint to the walls.

Finish Unfinished Spaces

Does the home you’re working on have an unfinished basement or attic? These are perfect places to boost value and maximize your returns. If you can add more square footage, it will go towards a higher selling price. Finishing a basement may require a contractor for help with structural features and insulation. However, once these spaces are finished, they’ll be features worth showing off to potential buyers.

If you want to make a profit on your flip, sticking to your budget is important. However, it’s also important to choose the best renovations for increasing value. Consider these options as you plan your next project.

About the Author
Author

Maggie Reed

 I am a realtor here in Baldwin County, Alabama that services the Eastern Shore down to the beautiful white sandy beaches.  I have always had a passion for helping people. I started off as a Pediatric ICU nurse until I had my own children and decided to make a career change back into real estate where I can continue to be involved with the community and helping people sell or buy their homes.  I love my job and my goal is to make this experience as fun and stress free as possible.