Day 13:
What improvements can be done that will improve ROI?
Just because you are making an improvement to your home does NOT mean that you are adding value to your home. Remember, also, appraisers don’t see your emotional tie to the gazebo you put up that you love… Items that add value are:
1. Minor Bathroom Remodel: Returns an average of 102%
2. Landscaping: Returns an average of 100%
3. Minor Kitchen Remodel: Returns an average of 98.5%
4. Garage door replacements return on average 94%
5. Window replacements generally return on average 72.3%
-Fortune builders
What will you enjoy while you are in the home, for aesthetics and comfort? What my good friend Chris Conway used to say the best thing you can do is seal your home for the best return: window and door air leakage… You’ll be so glad you did.
