Home Updates & Return On Investment
Here is a list of popular home updates. Investing in home renovations can potentially boost your property’s resale value, with some upgrades offering a better return on investment than others.
Understanding which improvements are most cost-effective, you can prioritize your efforts and make informed decisions to maximize your profit when selling your home.
Remodeling Estimate: $3,400
Estimated Cost Recovered: $5,000
Value Recovered from the Project: 147%
Remodeling Estimate: $5,500
Estimated Cost Recovered: $6,500
Value Recovered from the Project: 118%
Remodeling Estimate: $2,500
Estimated Cost Recovered: $2,500
Value Recovered from the Project: 100%
Remodeling Estimate: $57,500
Estimated Cost Recovered: $49,250
Value Recovered from the Project: 86%
Remodeling Estimate: $6,000
Estimated Cost Recovered: $5,000
Value Recovered from the Project: 83%
Remodeling Estimate: $80,000
Estimated Cost Recovered: $60,000
Value Recovered from the Project: 75%
Remodeling Estimate: $172,000
Estimated Cost Recovered: $100,000
Value Recovered from the Project: 56%
Remodeling Estimate: $2,000
Estimated Cost Recovered: $2,000
Value Recovered from the Project: 100%
Remodeling Estimate: $18,300
Estimated Cost Recovered: $15,000
Value Recovered from the Project: 82%
Remodeling Estimate: $18,600
Estimated Cost Recovered: $16,000
Value Recovered from the Project: 86%
Remodeling Estimate: $30,000
Estimated Cost Recovered: $20,000
Value Recovered from the Project: 67%
Remodeling Estimate: $12,000
Estimated Cost Recovered: $12,000
Value Recovered from the Project: 100%
𝐴𝑐𝑐𝑜𝑟𝑑𝑖𝑛𝑔 𝑡𝑜 𝑎 𝑛𝑒𝑤 𝑅𝑒𝑚𝑜𝑑𝑒𝑙𝑖𝑛𝑔 𝐼𝑚𝑝𝑎𝑐𝑡 𝑅𝑒𝑝𝑜𝑟𝑡 𝑓𝑟𝑜𝑚 𝑡ℎ𝑒 𝑁𝑎𝑡𝑖𝑜𝑛𝑎𝑙 𝐴𝑠𝑠𝑜𝑐𝑖𝑎𝑡𝑖𝑜𝑛 𝑜𝑓 𝑅𝑒𝑎𝑙𝑡𝑜𝑟𝑠 𝑅𝑒𝑠𝑒𝑎𝑟𝑐ℎ 𝐺𝑟𝑜𝑢𝑝.