If you’re thinking about a home reno, read this post first!
Customizing a home to your tastes is one of the best things about home ownership, but before swinging that sledgehammer there are a few things you should know to make sure you get max ROI. Check out a few Insights from the NAR’s 2022 Remodeling Impact Report:
Top 5 interior reno projects for max ROI:
- Hardwood floor refinish: 147%
- New wood flooring: 118%
- Insulation upgrade: 100%
- Finish basement area: 86%
- Closet reno: 83%
Further down on the list?
- Bathroom reno: 71%
- Kitchen upgrade: 67%
Top 5 exterior reno projects for max ROI:
- Replace roof: 100%
- Garage door replacement: 100%
- Upgrade to fiber cement siding: 86%
- Vinyl siding replacement: 82%
- Vinyl windows: 67%
All of the renos on this list would be thumbs up from where I sit! Got another idea you’re mulling over? DM me and let’s chat about how it may impact your home’s value.