Unlocking your home’s value
Expert Tips from Ladder Real Estate’s Seth Weisser on Renovations and ROI
Renovating your home can be a daunting task, especially when balancing the desire to increase value with the reality of budgets. We sat down with Seth Weisser, a real estate professional and co-owner of Ladder Real Estate in Coeur D’Alene, ID who shared his insights on maximizing home improvements for both homeowners and sellers. Here are some key takeaways from the conversation:
The Heart of the Home: Kitchens First
“Kitchens are like the heart of the home,” Seth explained. “Most people, no matter if you cook or not, you’re always going to look in the kitchen… that’s what people’s eyes always kind of get attached to.”
For homeowners, simple updates like new countertops, backsplashes, and fixtures can breathe new life into a kitchen without breaking the bank. While a complete remodel might not always yield a full return on investment, small changes can make a home more appealing to buyers.
Bathrooms: The Runner-Up
Next in line for renovations are bathrooms. “If you want to up the value of your home, update your bathrooms,” Seth recommends. However, the extent of the renovation depends on the condition of the space.
“If it’s stuck in 1945 and falling apart, then you probably have to replace everything,” he said. For smaller updates, fresh paint, new fixtures, and updated lighting can make a significant difference without a hefty price tag.
Curb Appeal Made Simple
When it comes to exterior updates, Seth emphasized the power of first impressions. “Changing the color of your door… it’s the most inexpensive, easiest way to create curb appeal,” he said. A fresh coat of paint on the front door or siding can transform a home’s exterior and attract more buyers.
However, Seth warned that not all exterior updates yield a strong return. “A new roof doesn’t always up your value… it’s just a need. The house has to have a roof.” For sellers, he suggested waiting until inspections reveal a necessity rather than preemptively spending on costly updates.
Strategic Updates for Sellers
For sellers preparing to list, Seth encouraged focusing on strategic, cost-effective improvements. “It’s not always to net you more money; it’s to get more buyers in your home,” he explained. Updating key areas can make a home stand out in a competitive market, even if the ROI isn’t immediate.
“Simple things like fresh paint, new fixtures, and updated appliances can make a home feel move-in ready,” Seth said. “That’s what gets more attention and offers on the table.”
The ROI of ADUs and New Construction
Accessory Dwelling Units (ADUs) are growing in popularity and for good reason. “They always add more value because they can generate supplemental income,” Seth noted. Beyond rental potential, ADUs align with the increasing demand for multi-generational living—a trend that is only expected to grow. “We’re in a new era,” he explained. “Younger generations, especially here, are struggling to afford homes. My kids and even people in their early twenties can’t afford houses in this area anymore, where prices are $400,000 to $500,000, and wages haven’t kept up.” As housing prices continue to rise, ADUs offer a practical solution—enabling families to provide housing for younger or older generations while adding significant value and functionality to their property.
Whether you’re renovating to sell or to enjoy your home for years to come, Seth’s advice highlights the importance of thoughtful, budget-conscious updates. As he put it, “It’s all about keeping more money in your pocket while making your home stand out in the market.”
What do you think about Seth’s insights? Share your thoughts or experiences in the comments below!
Find more info from Seth and the Ladder Real Estate team on instagram. Follow @sethweisser and @ladder_realestate
Ready to unlock more value in your home with a remodel or ADU project? Contact Aesir Construction today to discuss your ideas and see how we can help bring your vision to life!"
