new, homeowners will simply take it for granted. So making upgrades on an already functioning system is not likely to return much on your investment. However, if it's an older system, if it heats or cools unevenly, and especially if it’s not a centralized, electric system, it could be a prime candidate for replacement. In those circumstances, an HVAC conversion can actually deliver the highest ROI of any of the home improvements reported by Remodeling magazine, a whopping 103.5%. New furnace and air conditioning units can be a selling point if they are energy-efficient models. An additional bonus here is that there are often tax credits associated with such models, lessening your initial investment. Do not forget that even if some of these repairs do not add additional value in the eyes of a buyer, they do not subtract value either and will help your home sell faster than it would without them.
REMODELING
Much can be gained from work on the inside of the home as well. One chief benefit of redoing a room or two inside the home is that it will increase your own enjoyment of your home. Another benefit is that if you are selling, it is 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. And, as the adage goes, kitchens sell houses. Citing Remodeling magazine, kitchen remodels average a return of 85.7% nationwide, making it one of the best investments for a total remodeling project.
Other good remodel projects to consider include:
• Window Replacement: 68-61%
7
Powered by FlippingBook