Home is where the heart is, but sometimes it’s also where a homeowner’s savings plan comes into account. Homeowners may have a long wish list of home renovations and projects, and sometimes the work is never done. While return on investment (ROI) may not be the biggest consideration in a homeowner’s mind when deciding which projects make it to the top of the list, knowing which projects see the highest returns may be helpful in the decision-making process.

Get the Best Return on Investment with Your Next Home Improvement Project!

January 4, 2016

Shared by:

Brian O’Neill

Best return on investment real estate

Home is where the heart is, but sometimes it’s also where a homeowner’s savings plan comes into account. Homeowners may have a long wish list of home renovations and projects, and sometimes the work is never done. While return on investment (ROI) may not be the biggest consideration in a homeowner’s mind when deciding which projects make it to the top of the list, knowing which projects see the highest returns may be helpful in the decision-making process.

Real Estate investment Greenville South Carolina

Happiness in the home can be a part of the ROI, but other cost vs. value factors vary by region and even by room.ROI, as defined in Remodeling’s 2015 Cost vs. Value report, can be broken down as the percentage of the estimated average cost of a renovation project that is projected to be recouped in resale value, as aggregated from real estate and appraisal estimates.

Take a look at some of the most common renovation projects and how their ROI breaks down by clicking here.

Post originally shared by Northplace Fireplace

Pin It on Pinterest