That’s why it’s essential to lean on a real estate professional who has in-depth knowledge of today’s housing market. They know what buyers are looking for and how to highlight any upgrades you make.
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? Let’s connect so you know where to focus your efforts so your house will stand out in a today’s market.