Renovation projects allow homeowners to improve the comfort and functionality of their homes, but it could also mean costly expenses especially if it’s a major work. However, it is a good move if it’s for significant reasons such as raising the property’s value for selling or preparing it for retirement.
Raising the value of a home in terms of home renovation depends on the project’s return on investment (ROI). In this year’s study of Remodeling magazine on Cost versus Value, you can regain what you invested by 64% if you decide to sell it this year. This was reported after consultants asked the average cost of 30 home renovation projects, from attic insulation to bathroom addition...Read More