Renovations that Yield the Best Return on Investment

Posted By Nigel Horonzy @ Feb 1st 2013 10:59am In: For the home

*The best places to use your home-improvement budget...The simple things can make the highest rate of return!


Will this renovation pay off?  That's the question on the mind of every homeowner who's thinking about undertaking a project to bolster their home's resale value.  And in today's tight housing market, the anser to that question may even determine whether the house will sell. 


Fortunately for homeowners, a number of remodeling projects offer the potential for high return on investment (ROI).  According to Remodeling magazine's annual cost vs. value report, some of the best renovations are those done on the exterior of the home--siding, window, and door replacements--because they immediately imrove a home's curb appeal.  In other words, if the paint on your front door is peeling or the sidewalk is badly cracked, you're not making a good impression and that can make a potentital buyer quetion how much you've kept up with maintenance of the home.  Even simple fixes, like pulling weeds, mowing the lawn, and trimming the bushes, can make a home much more inviting.  Fresh paint, new or cleaned carpeting,


Beyond crub appeal, certain projects will provide higher returns than others and here are some recommendations:  Bathroom remodels, adding a full bathroom, kitchen upgrades, and a garage--all add significant value!


If undertaken properly and done right, home improvements can indeed add to the resale value of your home!!!


Contact The Horonzy Group 222.4147 with any questions pertaining to your home improvement ideas.




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