Many people are interested to know what kind of return on investment they can expect when upgrading certain items in their homes and which items they should prioritize first. This is especially relevant when selling their home or investment property.
When it comes to house sales and particular rooms, the kitchen is often the room that will make or break a sale. Kitchen projects that are budgeted between 6-10 percent of the total home value will see the highest ROI. Putting your finances into kitchen upgrades is a worthwhile endeavor when it comes to optimizing your home for selling purposes.
The top five projects to prioritize when it comes to the best return on investments are: replacing the entry door, installing a new fireplace, remodeling the kitchen, converting the attic into a bedroom, and replacing the exterior siding or cladding.
For an illustrated look at the best projects to focus on when renovating your home, see the below infographic created by Senator Windows.
This is great information and I would love to send it to my center of influence. Is it copyrighted, or am I allowed to copy it and give the source as RISMedia?
Hi Cindy – Feel free to share, but please credit RISMedia/Housecall, with a hyperlink if possible. Thank you!
All great information here .
RisMedia is a great place for all kinds of info on renos and trends
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This is definitely some great home renovation information. Usually owners get great ROI, whenever they investment money onto their property. Not only does it increase value but also appeal. Thank you for sharing!