We’re at a time where we need to pay particular attention to the return on our investments in our homes – do we remodel or do we replace?
I’ve spent the morning searching to see what was out there – while there are many sites that make valid suggestions – those suggestions seem to be major projects (like large additions) and not necessarily home improvements.
Here is what we’ve found:
NBC’s Today Show shows which fix-ups bring in a better sale price at resale and which ones are just wastes, as shared by Today Real Estate Contributor, Barbara Corcoran
HGTV's Average Return at Resale:
| Minor Bathroom Remodel |
102% return on your investment
|
| Landscaping |
100% return on your investment
|
| Minor Kitchen Remodel |
98.5% return on your investment
|
| Deck or patio |
90.3% return on your investment
|
| Replacement windows |
89.6% return on your investment
|
* We've pulled information from 2 sources (HGTV and NBC Today Show). We do not claim that this information is accurate.