I like this article because it gives you the percentage
return on what you can expect back if you put the money in. Although with most items you don’t recoup the full cost, you will sell an updated home faster and for more money that one that is not updated. That holds true for any market, but there are different implications for buyer’s versus seller’s markets.
In a hot seller’s market, everything sells, but it has been my experience that those sellers who have updated their homes and maintained them well, experience the greatest demand, and can sell for well above the asking
price.
In a buyer’s market, it is the best priced homes in the best condition that get sold, unless the house price is deeply discounted. Otherwise, when
the market is flooded with homes, those that have not been kept up to date and/or have been poorly maintained,, languish on the market.
Click the link below to see where your money is best spent!
https://www.hgtv.com/lifestyle/real-estate/top-home-updates-that-pay-off-pictures