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Renovation: Is it Worth the Cost?

October 11, 2016

1236130.mediumA stressful part of putting your home on the market is determining what to fix and upgrade to get the very best price. Rely on your real estate agent to recommend which projects to consider and which to avoid. Putting money into renovation doesn’t always mean you will recoup the money in a sale.

You may want to consult Remodeling’s website for their most recent Cost vs. Value Report for a breakdown of typical returns on renovation projects large and small in various regions throughout the country.

The report highlights the following projects as those with modest gains in their cost-value ratio:

While your needs and budget will have a big impact on your choice of home-improvement projects, it helps to know the cost vs. return ratio when making the final decisions.

 

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