Your AikenHOME
Tips and trends for homeowners,
buyers and sellers
RETURN ON improvement
Are you thinking about
selling your home, or do you just want to spruce things up and don’t know where
to start? If you’re working within a strict budget, the thought of remodeling
your home can be daunting. It’s best to assess your needs and also educate
yourself on current market trends before you get started. The 2015 Remodeling
Cost vs. Value Report, produced by Remodeling magazine in cooperation with the National
Association of REALTORS®, reports that large-scale jobs aren’t likely to return
sellers their full cost. Instead, smaller replacement jobs tend to generate a
higher return than remodeling projects. The report uncovers that replacement
projects showed an average return of 73.2 percent, while the cost-value ratio
of remodeling projects showed an average rate of return of 60.8 percent. Arming
yourself with information like this is key before you invest in making
improvements. Here are the five mid-range projects that are most likely to
recoup the cost of investment.
HOME REPLACEMENTS MOST LIKELY TO RECOUP COST:
