5 Tips For Selling A Renovated Home For Profit

5 Tips For Selling A Renovated Home For Profit

Image title

As a real estate investor, you want to get the best returns on a renovated property. Planning is a key component of guaranteeing the success of the deal.


When you decide to make an investment in renovating a property to sell for profit, you must act quickly. Every minute of time wasted means an opportunity lost. As a result, you need to have a solid renovation and selling plan in place to guarantee your success.


If you have decided to renovate a home in order to sell it, you will need to come up with a plan. This plan should begin with a qualified real estate agent that can help you to assess the worth of the property before and after you make any changes. In addition, this team should also include lawyers, accountants, and tradesmen that can help you achieve the goals of your investing plan. 

Selling a renovated home doesn’t always result in a profit. However, there are certainly ways to improve the odds that your real estate investment will result in a return.  Here are the top five tips for selling a renovated home for profit.

Focus on the Right Renovations

Before you even consider selling, it is important that you do your research to make sure that you have made the right renovations on the home that will bring you the best profit. Not all home renovations increase the value of a property. In addition, you will also want to make renovations based on an in-depth knowledge of what your buyers are looking for.

"Home improvements that increase the value of a home might include upgrading kitchen appliances, repainting the home’s exteriors, installing additional closet storage space, upgrading the deck, and adding green energy technologies." says Heather Levin of moneycrashers.com. "On the other hand, avoid home improvements that won’t increase the selling price, like installing a pool, installing a whirlpool bath, or adding a sunroom to the house."

The best way to determine if you are making the right renovations is to do the numbers. Calculate your investment in renovations and compare it to the outcomes that you might expect in terms of buyer offers on the home once the renovations are complete. A local real estate agent can help guide your decision making by giving you information on other properties in the area and the amenities that they offer that buyers care most about.

Clean Up the Exterior

Before you even think about listing the property for sale, you need to do a thorough clean up of the exterior of the home. While remodeling work for the home itself might be out of your budget for the renovation, it costs nothing to pick up garbage off the lawn or mow the grass and pull the weeds.

“The single most cost-effective investment you can make to increase the value of your home is to buy a roll or two of plastic trash bags. Stuff them with junk outside the house -- from beer cans to raked leaves.” says Holden Lewis of Bankrate.com.

The first thing that buyers will see when they come to an open house is the exterior. You don’t want to scare them off before they can even see the gorgeous renovations that you made to the interior of home by leaving the outside of the house in disarray.

If you do have the budget, consider hiring a landscaper to plant some new flowers or shrubs to spruce up the exterior of the house. It doesn’t take much money in order to get the exterior of the home in decent shape. If you don’t have the budget, make sure that you allot time in your schedule to clean up around the home before you consider putting the home on the market.

Control Your Costs

It is essential that you set a budget for the renovations that you want to make on a home. Talking with a qualified real estate agent before you decide to make an investment can help you to get a realistic estimate on what you stand to make.

You can also lower your cost on renovation work by developing relationships with tradesmen in the area. If you plan to renovate multiple properties at once, or require a bulk order of supplies, you may be able to obtain discounts. In addition, you should never overlook the option of used materials, such as refurbished appliances and used fixtures, for your rehab job because you can likely save a bundle.

Find the Right Real Estate Agent

Working with a real estate agent that you can trust to guide you throughout the process can also help you sell for maximum profits. In addition, this agent may also be able to guide you to properties that could potentially be sold at a profit when you are ready to invest in your next property. Go with someone that has experience in selling homes that have been renovated in order to get the best bang for your buck.

If you want to become a successful real estate investor, you must go into every renovation project with a clear plan that illustrates the costs of the project, as well as, your solutions for getting the property sold. If you have experts in your network that can help, you’ll job will be even easier and you will be much more likely to turn a profit on your renovated home.


Cara Balderas Headshot
Phone: 469-644-7124
Dated: April 14th 2017
Views: 256
About Cara: One of the biggest decisions you will make financially is what home to purchase. To find that perfec...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Office Building For Lease In Anna - With excellent visibility on
Planning Your Move - You have Purchased your new home
Immaculate Prosper Home - Located in Prosper, TX, 810
Sellers Your Home Is An Oasis In An Inventory Desert - Sellers: Your Home is an Oasis

Our Bloggers

The Doyle Team * - 2
Comprar Casa DFW * - 3
Nikki Acker - 2
Gabrielle Armstrong - 5
Cara Balderas - 52
Tami Bennett - 45
Justin Blackburn - 1
Jessica Boozer - 18
Rhonda Borgne - 1
Olivia Borowski - 1
Jennifer Boyd - 2
Deborah Boyd - 390
Jamie Brannagan - 1
Kathryn Brick - 1
Annette Bruen - 48
Moira Brunken - 18
Beverly Bryant - 24
Ana Cantu - 1
Lisa Cardillo - 53
Bob Cardillo - 4
Lucina Cervantes - 11
Gregory Cornett - 2
Angela Cotten - 85
Missie Craig - 12
Greg Cunningham - 2
David Darty - 1
Sarah Dieter - 9
Belinda Duff - 5
Eva Duffy - 5
Leah Ecob - 15
Kristine Edens - 3
Jill Elliott - 99
Laneal Ernest - 9
Nicole Espinosa - 27
Christopher Evans - 1
Heather Feragotti - 8
Mark Fischer - 2
Susan Florsch - 12
Jennifer Flynn - 9
Leslie Fogle - 101
Larry Frassinelli - 6
Chad Gabriel - 58
Shalee Garza - 10
Marcos Garza - 1
Tammy Gill - 1
Timothy Gilliam - 2
Christina Gonzalez - 5
Wilma Goodwin - 2
William Graves - 5
Jimmy Hanks - 1
Kristen Henderson - 1
Candie Hernandez - 1
Beth Herr - 1
Hunter Howard - 1
Sandra Hunt - 92
Bill Hurd - 3
Gary Hutchings - 20
Rachel Jama - 47
Trenton Johnson - 15
Marla Johnson - 1
Felicia Johnson - 79
Dakota Joyner - 9
Sunil Kanjia - 6
Jemi Khan - 26
Leigh Klotz - 5
Amber L Johnson - 9
Michele Lafortune - 22
Wanda Lewis - 2
Stacy Lynn Massar - 27
Chuck May - 1
Jennifer Menting - 17
Mikki Migis - 8
Richard Mikus - 1
Sean Moniri - 21
Naddia Morales - 10
Candace Mozingo - 1
Mark Mulch - 19
Erick Murphy - 6
Steve Murray - 1
Julie Nicholson - 10
Nikki Okpuzor - 3
Alan Oliver - 7
Kelly Oltmann - 4
Kaysone Orlando - 1
Holli Paddio - 3
JP Piccinini - 50
Julie Ann Pickering - 85
Ann-Marie Pope - 2
John Priestash - 30
Joshua Putman - 111
Mimi Rader - 1
Shelia Randolph - 33
Teneka Ray - 1
Go 2 Girls Realty - 173
Bethany Rowan - 15
Kristi Roy - 1
Kelly Rumney - 9
Amy Jo Saenz - 3
Linda Scardis - 4
Sandy Setliff - 220
Christine Shannon - 30
Rene Sinclair - 27
Shelby Smith - 3
Bryce Smith - 5
Monica Solkhon - 1
Rodrigo Sotomayor - 16
Jenna Stanley - 9
Tim Stoll - 33
Kelley Stubbs - 3
Melodie Sulgrove - 1
Seana Taylor - 217
Mary Taylor - 14
Kevin Taylor - 15
Julian Taylor - 17
Erica Taylor - 54
Angela Taylor - 1
Karla Terrell - 2
Joey Thomas - 2
Michele Thompson - 6
Jason Todd - 24
Andrea Trimble - 55
Sarah Uber - 3
Yael VanGruber - 1
Diane Velez - 17
Debbie Viverito - 132
Rachel Walsh - 2
Nick Walton - 75
Spring Weeks - 9
Clint White - 2
Michael Worley - 164
Martina Worley - 2
Keisha York - 30
Audra Young - 1
Debbie Zurita - 17

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

JP And Associates REALTORS
6136 Frisco Sq Blvd, #200
Frisco, TX

Other Locations