Remodeling Impact

Americans spend $400 billion per year remodeling their homes.
So, which remodeling investment gives the best return when it comes to resale value?
It should come as no surprise, especially leading up to Thanksgiving, that the best money to spend upgrading your home is in the kitchen.
It’s the place where most homeowners spend most of their waking hours.
According the research from the National Association of Realtors, it’s where remodelers will see the biggest return on investment.
Here is the ranking of various projects in terms of the value it adds to the home:

1. Complete kitchen remodel
2. Kitchen upgrade
3. HVAC replacement
4. Owner’s suite renovation
5. Bathroom renovation
6. Finishing a basement
7. Adding a bathroom

At Windermere Real Estate we are taking Safer at Home and Social Distancing very seriously. Our people are following our Safe Showings protocol, staying connected to their clients, and providing help wherever needed.

Posted on November 20, 2020 at 3:12 pm
Paul Hunter | Category: Buyer Tips, Friday Fun Facts, Real Estate, Seller Tips | Tagged , , , , ,

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