Makeover Tips That Can Sell Your Home

Average cost of home improvements

Home improvements can be expensive, but such upgrades become priceless when they help sell your house in a sluggish real estate market. Following is a cost breakdown of 10 fixes and the home eras most likely to require these renovations. All prices are for professional installation.

1. Copper pipes

Plumbing is usually out of sight and out of mind, but upgrading pipes should be a major priority for sellers of older homes. Copper pipes are a big improvement over galvanized pipes, which corrode over time.

    Home era: Pre-1960s
    Cost: For a 1,500-square-foot two-bedroom,
    1½-bath house:
        • $2,000 to $15,000-plus

2. Electrical

Homes built before the 1970s often do not have enough electrical "oomph" to run all the electronic gadgets that are part of modern daily life. Today's homes typically have 200-amp service, so keep your home competitive by upgrading to at least 100 amps.

    Home eras: Pre-1960s, 1960s
    Cost:
        • To upgrade existing panel to 100 amps: $800 to $1,200
        • If new panel is needed: $1,500 to $2,500

3. Furnace

Furnaces usually last between 12 to 14 years. Although this upgrade is relatively expensive, you'll need to bite the bullet if your unit is nearing or has passed its expiration date. People who bought a new home a dozen years ago or so are especially likely to need this replacement.

    Home era: 1990s
    Cost: $7,000 to $7,500 depending on difficulty of installation.

4. Kitchen cabinets

Refurbishing old cabinets can quickly pull your kitchen into the 21st century. Replace dated cabinet hardware with stainless steel or nickel knobs, pulls and hinges. Bring solid wood cabinets back to life by cleaning, sanding, staining, painting and re-veneering.

    Home era: 1960s
    Cost: For 10-by-12-square-foot kitchen:
        • Stock cabinets: $4,000 to $5,000
        • Semi-custom: $8,000 to $10,000
        • Custom: $16,000 to $20,000

5. Kitchen countertops

The saying "all real estate is local" is true right down to the kitchen countertops. In some neighborhoods, laminate is still acceptable. In others, you'll need to go with granite or Corian. Check out your neighbors' kitchens to find out what is standard on your block.

    Home era: 1980s
    Cost: For 30-linear-foot countertops:
        • Laminate or ceramic: $450 to $1,800
        • Corian or granite: $3,600 to $11,000

6. Roof

Shrewd buyers are always concerned about the age of a home's roof. Have your roof inspected if it is more than 10 years old. If it makes the grade, include the inspection report in your buyer's packet. If you must replace, cut costs by choosing 20-year material over 30-year material.

    Home era: 1990s
    Cost: For 500-square-foot roof:
        • For 25-year shingles:$11,000 to $17,000
        • For metal: $20,000 to $25,000

7. Siding

A dated exterior can be fatal to your home's curbside appeal. Sometimes, a fresh coat of paint is all you need to cover a multitude of sins. In other cases, you may need to replace the siding altogether.

    Home era: 1970s
    Cost: For 1,250 exterior square feet:    
        • Painting over exterior: $625 to $1,250
        • Pine: $6,500 to $7,500
        • Aluminum: $3,100 to $4,500
        • Vinyl: $2,500 to $8,750
        • Cement fiber: $5,600 to $13,539

8. Termite inspection

Termites are tiny insects that love to feast on wood, including timbers in homes. Homes in Southern states are particularly vulnerable to this pest. Termite inspections are relatively cheap and are especially important in older homes.

    Home eras: Pre-1960s, 1960s
    Cost: $60 to $100

9. Water heater

Water heaters typically last about a decade before running out of steam. Installing a high-efficiency water heater can cut energy use by between 10 percent and 50 percent, making your home more attractive to cost-conscious buyers.

    Cost:
        • Electric: $100 to $600
        • Gas: $250 to $1,000
        • Tankless: $200 to $1,200
        • Installation for all three: $200 to $400

10. Windows

Single-pane windows have gone the way of lava lamps and beanbag chairs, so be sure to upgrade those aluminum slider windows. Not only will your home look more enticing, but you'll also trim heating and cooling bills by 25 percent.

    Home era: 1970s
    Cost:
        • Replacement windows: $300 to $1,000-plus per window
        • New windows: $450 to $2,000 per window

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