Today I want to share with you some home renovations you should consider and some you should avoid if you want a high return on your investment.
Selling in the greater Houston area? Get a market analysis report
Purchasing in the greater Houston area? Get full MLS access
If you’re thinking of making some renovations to your home, how do you know which ones will be a solid investment and which won’t?
If you’re thinking of making some renovations to your home, how do you know which ones will be a solid investment and which won’t?
It’s key to consider mass appeal for the sake of resale value.
Throughout any renovation process, it’s key to consider mass appeal for the sake of resale value. Whether you’re planning to remain in your home for a while or looking to freshen up the place to put it on the market, here are some renovations experts say will bring the greatest return on your investment:
- Entry door replacement, 96.6%
- Deck additions, 87.4%
- Attic bedroom, 84.3%
- Garage door replacement, 83.7%
- Minor kitchen remodeling, 82.7%
On the flip side, here are the renovations that yield the smallest return:
- Home office remodel, 48.9%
- Sunroom additions, 51.7%
- Bathroom additions, 60.1%
- Backup generators and master suite additions, 67.5%
These are definitely things to consider when thinking about making renovations to your home. If you have any questions about which renovations to make to your home or you’re thinking about buying or selling a home in our market, don’t hesitate to reach out to me. I’d be happy to help.
