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 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%
Be warned that these projects can prove costly, with the national average cost for jobs on this scale running in the tens of thousands of dollars. Be sure to carefully consider just how much you are willing to spend and what is in demand in your market to maximize the return on such a large investment.
Another consideration when looking to add value to your home, as well as make it more functional for yourself, is to add entirely new rooms. Clearly, this is a large step with an even larger investment involved in nearly every possible case. Room additions are not cost-effective if you are planning to sell within the next few years. That said, if you plan on
Powered by FlippingBook