What is the best home improvement projects for return on investment?
The following home projects topped the list for highest cost recovery:
- Refinish hardwood floors: 147% return on investment
- New wood flooring: 118% return on investment
- Upgrade insulation: 100% return on investment
- Closet renovation: 83% return on investment
- Converting an attic to living area: 75% return on investment
- Complete kitchen renovation: 75% return on investment
- Bathroom renovation: 71% return on investment
- Kitchen upgrade: 67% return on investment
- New bathroom addition: 63% return on investment
- New primary bedroom addition: 56% return on investment
If you are thinking about selling now or the beginning of 2023, now is a great time to start renovations. This time of year there is less home inventory on the market which gives buyers less options to chose from. With less inventory and new home renovations, this may help the seller get their return on investment for improvements!
We would love to help you with the evaluating your home, give advice and help answer any questions you have about selling!
Call or email us at 832-624-8934 | christybuckteam.com
information from https://money.com/best-home-renovation-projects-resale-value/