Thinking about remodeling your existing home for a return on investment? You might want to consider that not all home improvement projects guarantee ROI. Recent research from The 31st Annual Remodeling Cost Vs. Value Report ranks the top five remodeling projects that retain their values at resale.
98.3% Garage Door Replacement
97.1% Manufactured Stone Veneer
91.3% Entry Door Replacement (steel)
82.8% Deck Addition
81.1% Minor Kitchen Remodel
You might be surprised to learn that the two most popular home upgrades— the kitchen and the master bath— typically don’t recoup their investments. A major kitchen remodel can cost upwards of $125,000 and recoup only 59% of that expenditure at resale while a master bath renovation averages $62,000 and typically recovers 56% of the cost at resale.
For a deep dive into the costs versus benefits of home remodeling projects, we discovered a great resource for homeowners. To learn more, click on the link:
A pergola with the outdoor sitting area and fire pit overlook the geometric pool and spa, embellished with glass mosaic tiles. For more design ideas from Orlando Custom Home Builder Jorge Ulibarri, subscribe to his YouTube channel TradeSecrets by Jorge.
