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Q: What Home Improvements Will Increase My Sale Price Most?

Here’s where you should be putting money back into your home.

You’re ready to sell, but you also know that there are a few areas in the home that could use some remodeling to increase your final sale price. Where do you spend the money? There are some solid answers, but they differ depending on your budget, timeline, and more. Here’s where you’ll typically get the best return:

1. The kitchen. This is one of the wisest and most important places you can spend money in your home. It should make a positive impression on the buyer, as the kitchen is known as “the soul” of the home. 

2. The bathroom. This is a room where dated fixtures and flooring can cost you a sale. People want bathrooms that are clean, comfortable, and modern. Spending money on a bathroom remodel will almost always be one of the best places to invest.

 

“The sooner you update, the better.”

 

3. Curb appeal. Getting people in to look at your house is the first step. Spending remodel money on the exterior of the house is the best way to do that. If the outside of the home is inviting, more people will want to come inside.

Remodeling your house now for a better sales price later is a very smart move. The sooner you do it, the more you’ll be able to enjoy the upgrades before you sell.

If you have any questions for me about selling your home or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.

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John Lyons

Tired of traveling week-in and week-out for his corporate job, John Lyons decided to start his own real estate business. Lyons could not have predicted how well his background would prepare him for a career in real estate. His journey has been a long and successful one. After graduating from Indiana University in 2001, he took a job selling copiers at Minolta Business Solutions. After building an impressive track record there, he was hired by BrainLAB, Inc. to sell image guides surgical systems. He quickly rose to become one of the top sales representatives for the company. Seven years later, he was hired by Midwest director of sales IMRIS, for their intraoperative MRI and integrated operating room solutions. Now he has a new outlet for his sales abilities: real estate. A Chicago Association of Realtors Top Producer and recipient of Baird and Warner’s Founder’s Club award for the past four years, Lyons had a record 2018, selling more than 11.7 million in real estate. This marked an 18 percent increase over his 2017 numbers. “I was able to accomplish this through daily prospecting and providing a high-level of service for my clients,” he says. In testimonials, his clients say he is patient, trustworthy, personable, knowledgeable, and professional. “Each and every client is so different,” he says. “It’s important to truly understand their needs so you can best serve them. Listening build trust, which is so incredibly important in our business.” A member of the Lakeview Chamber of Commerce, he assist clients in a variety of neighborhoods, including the Near North Side, Lincoln Park, Lake View, Uptown, Ravenswood, Logan Square, West Town, and the Loop. He is quick to admit the best education he has ever received was from his 6 years of service in the United States Marine Corps. Lyons donates $200 per transaction to the Neonatal Intensive Care Unit at Lurie Children’s Hospital. “I am running the Chicago Marathon in 2019 for Lurie Children’s Hospital,” he says. “I have a lofty goal this year, to qualify for the Boston Marathon a second time. Since the beginning of the year, I have been spending at least four hours a week training for the October 13 race.” Results matter, here are John's Listing Numbers: Average list to sell ratio - 98.2% Average days to closing - 52 Listings taken to listings sold - 99%

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