Home Improvements That Pay You Back

Home Improvements That Pay You Back

Thinking of giving your home a facelift? The real question is, how do you decide what updates will make your home more desirable? These four improvements can raise the value of your home as well as attract future buyers! #1. Remodeling the Kitchen     You can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don't go overboard. You should never make your kitchen fancier than the rest of the house, or the neighborhood. #2.  Bathroom Addition     If your home only has one bathroom, you can recoup a large chunk of your investment by adding another one. It is estimated that you can regain 80%-100% of what you spend on adding a bathroom. #3.  Adding Square Footage     Adding more square footage to your home with a new room can be an incredibly expensive project. However, you can typically recoup 50%-83% of your initial investment. Just make sure you keep the costs under control. #4.  Deck Addition     If you make your deck and your backyard more appealing, your home in general will be more appealing to buyers when you decide to sell. Homeowners can recoup between 65%-90% of their venture by adding a deck.
Statistics courtesy of Moneycrashers.com


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Dated: February 26th 2014
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