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The Best Return on Investment When Trying to Sell: Home Renovation Projects

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Posted by: Jaime Barb on Sunday, December 11, 2016 at 6:00:00 am

When people are trying to sell their home, they start to think about what items may need to be upgraded and which items they should prioritize first. Also, the most important factor of upgrading items is what kind of return on investment(ROI) can be expected.

When it comes to selling your house the first room you should focus on is the kitchen. Kitchen projects are budgeted between 6-10 percent of the total home value and have the highest ROI. Besides the kitchen, the top five projects with the best ROI are listed below:

  1. Replacing the entry doorway.
  2. Installing a new fireplace.
  3. Remodeling the kitchen.
  4. Converting the attic into a bedroom.
  5. Replacing the exterior siding or cladding.

Click here for more information on home renovation projects with the best ROI.

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