7 UPGRADE WITH ROI IN MIND
Making upgrades to your home can be as easy as replacing the handset on your front door or as daunting as remodeling a kitchen or bath. Two things you must remember when updating your home to sell with regards to market value and return on investment. What home improvements give you the best return on your remodeling dollar? The return on investment generally less than 100% in real estate, so the rule of thumb is 'less is more.' In 2016, a remodeling publication said the best ROI improvement a home seller can make is insulating the attic space with 116% return. If your home is worth $175,000 and you spend $15,000 to revamp the kitchen, don't make a mistake in assuming that the investment directly translates into the price. The remodel may add value to the home, but the return in dollars you spent will be around 50%. Smaller
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