as a seller is how it might favorably compare with other, similar homes with older roofs that are showing clear signs of wear and tear. Don’t replace your roof with an eye toward selling unless your home clearly needs it. That said, a new roof or siding will have a better ROI than things you can’t see, such as updating the plumbing. One caveat to include is that roofing items, like energy-efficient architectural shingles with a transferable warranty, might be highly attractive to the right buyer. With respect to ROI in general, it’s worth noting that the numbers will vary, depending on what market you are in. The Pacific Northwest (including Alaska and Hawaii) tends to show the best return on home remodeling and home improvement projects, with Alabama, Kentucky, Mississippi, and Tennessee also showing strong returns, according to the 2015 Cost vs. Value report from Remodeling magazine.
Remodeling
It’s important to carry that good impression from the exterior through to the interior with further improvements. As with all other aspects of home improvement, there are better and worse ways to spend your money. As the adage goes, kitchens sell houses. Citing Remodeling magazine, kitchen remodels average a return of 79.3% nationwide, making it the best investment for a total remodeling project.
Other good remodel projects to consider include:
• Attic bedroom: 53% • Bathroom: 62% • Basement: 63%
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