Our rates are low, our application is quick and easy! We can get you clear to close in as little as 10 days!
NMLS ID # NMLS # 228246
William Rapp, based in Houston, TX, US, is currently a Capital Advisor at Medallion Funds, bringing experience from previous roles at eXp Commercial, NEXA Mortgage, Viking Enterprise LLC and Sun Realty - Houston. William Rapp holds a 1997 - 2001 BBA in Finance @ Texas A&M University. With a robust skill set that includes REO, Sellers, SFR, FHA financing, Reverse Mortgages and more, William Rapp contributes valuable insights to the industry.
Great experience purchasing our first home! Bill was easy to reach and always able to answer any questions or concerns.
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🛠️ Renovation ROI Calculator: Should You Upgrade Before You Sell? 💰
💡 Maximize Home Sale Profits with Smart Renovation Decisions! 🏠
🛠️ Renovation ROI Calculator: Should You Upgrade Before You Sell? 💰
Thinking of selling your home but wondering if a renovation is worth the cost? You're not alone. One of the most common questions sellers ask is: Will I get my money back if I remodel before listing?
That’s where a Renovation ROI Calculator comes in. This tool helps you estimate how much value a renovation could add—and whether it’s better to sell “as-is” or make strategic upgrades.
Before pouring money into upgrades, it's critical to evaluate return on investment (ROI). Kitchens and bathrooms often offer the best bang for your buck, but not always. In a hot market, even cosmetic updates can make a big difference.
Common renovations with high ROI:
· Minor kitchen remodels
· Bathroom updates
· Fresh paint and landscaping
· New flooring
Using a calculator is easy. Input:
· Current home value
· Renovation cost
· Estimated post-renovation value
You’ll get a percentage-based ROI estimate to help guide your decision.
📈 Example:
You spend $15,000 updating the kitchen. The home's value jumps $25,000.
ROI = 66% gain.
Here’s the rule of thumb:
· Sell As-Is if the renovations won’t boost buyer interest enough to raise the sales price.
· Renovate if low-cost updates (like paint, fixtures, flooring) dramatically increase appeal.
Don’t guess—run the numbers.
Need cash for upgrades? Consider a Renovation Loan or HELOC to fund the improvements. With the right strategy, the cost of borrowing can pay for itself in your sale price.
Whether you’re selling, refinancing, or buying a fixer-upper, we can help you make the numbers work.
Use our free Renovation ROI Calculator or reach out for a custom game plan!
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© 2023-2024 Bill Rapp, Medallion Funds LLC, Director of Capital Advisory
Buying your first home can be both exciting and nerve-wracking at the same time. With so many things to consider and....
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy
Copyright ©2021 | Mortgage Viking Team
Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. Copyright © 2021 | Medallion Funds
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014
Corporate NMLS NMLS # 1825831 | Company Website: https://medallionfunds.com/bill-rapp/
Copyright ©2021 | Mortgage Viking Team Licensed to Do Business | NMLS # 228246
This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply
Corporate | NMLS ID NMLS # 1825831
Corporate Address : 2651 N. Green Valley Pkwy STE. 101 Henderson, NV 89014 https://medallionfunds.com/bill-rapp/
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