Which home remodel projects get the best return on investment? As a Realtor, it’s a question I get asked quite often. Kitchens and bathrooms steal the renovation spotlight, but are not necessarily the best return on investment when you sell your home.
The trade magazine for builders and contractors, “Remodeling” has been tracking the cost vs value added since 2002. The projects that consistently rank the highest have four common characteristics:
- Low maintenance
- Good quality – but not necessarily the highest
- Energy efficient
- Not too costly
The top 5 projects with the best return on investment.
What is the top return on your investment? Replacing your front door year in and year out, is the winner.