How do different projects stack up? One study breaks it all down
- 'Greige' (subtle yet powerful) improvements pay off the best.
- This year's report reflects continued optimism for the housing market.
- Replacements beat remodels and exteriors best interiors.
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BY CAREYBOT
The 2017 Cost vs. Value report by Remodeling magazine documents the national and regional costs and ROI (return on investment) for 29 popular home improvement projects.
Overall, these 29 improvements paid back 64.3 cents on the dollar in resale value.
What that says to the homeowner is that spending money to sell a home requires research.
The goal of improvements from a seller’s standpoint is to attract buyers and achieve top dollar on a listing. But finding the balance between updates and return isn’t that simple.