I get asked these questions often. Note that very few actually have a positive return. The upshot is, if you're selling right now, it may not pay to remodel (except landscaping, which really is positive). Despite the negative ROI, remodelling can make your home sell faster. That said, if your kitchen was last redone when Duran Duran had a hit, you should probably consider it - all of your competition already has.
- Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).
- Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.
- Upgrading your landscaping or curb appeal helps get buyers in the door. These upgrades rank as the 2nd and 4th renovations for returns on investment.