One of the biggest trends for Homes for sale Morristown is
remodeling. Renovating a home can make it a more viable commodity when you
choose to resell. However, you may or may not see a dollar for dollar return on
your investment. Renovating is always a guaranteed money maker.
Each year, Remodeling Magazine publishes its list of the average returns on investment for the more popular home improvement projects. The totals vary somewhat by region of the county. (Our home state falls in the Mid-Atlantic region for this list.) The magazine also divides the list into mid-range and upscale project categories.
So what the big winner for the best return on your investment? Is gourmet kitchen the best place to sink your cash? What about a spa bathroom or an in-ground pool? You might be surprised at the actual results. They are a bit more mundane than most homeowners expect.
In the mid-range list, changing a front entry door to a steel replacement door topped the list. It may not be the most exciting project, but it will give a homeowner a national average of 128.9% return on his dollar. Surely the best “upscale” project will something a little, well, sexier? If you think exterior fiber-cement siding is sexy, then the answer is yes. An owner will recoup about 83.6% of his investment if he chooses this renovation.
Each year, Remodeling Magazine publishes its list of the average returns on investment for the more popular home improvement projects. The totals vary somewhat by region of the county. (Our home state falls in the Mid-Atlantic region for this list.) The magazine also divides the list into mid-range and upscale project categories.
So what the big winner for the best return on your investment? Is gourmet kitchen the best place to sink your cash? What about a spa bathroom or an in-ground pool? You might be surprised at the actual results. They are a bit more mundane than most homeowners expect.
In the mid-range list, changing a front entry door to a steel replacement door topped the list. It may not be the most exciting project, but it will give a homeowner a national average of 128.9% return on his dollar. Surely the best “upscale” project will something a little, well, sexier? If you think exterior fiber-cement siding is sexy, then the answer is yes. An owner will recoup about 83.6% of his investment if he chooses this renovation.
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