Remodeling ROI. What Rennovations Result in Positive Return
Not all renovations equate to a positive growth in home value. If you are thinking about selling your home in the next few years, this is topic that must be considered.
If you are in your forever home, congrats, go big and swing the sledgehammer as you see fit.
However, the average home is owned for ten years on average and many think remodeling will boost the value. It will in some cases and will not in others.
I will take a deep dive into a large list of common renovations and how it equates to the profits comes sales time. Look for that in the New Year by following me on social media (Facebook, Instagram, YouTube or Twitter) . In the meantime this snapshot will give you some insight on the ROI of some common exterior renovations: