10 Home Projects with the Highest Return on Investment
Jason Finn
VP Mortgage Lending, Key Mortgage - NMLS# 2311805, Founder - Geek Chicago, & TV Host of 'Windy City Poker Championship'
As any homeowner who’s tried to set aside a budget for a home remodel knows, renovation projects can get incredibly costly, incredibly fast. And while plenty of easy, affordable projects can add a lot of value to your property, many homeowners also fall victim to “over-upgrading,” hitting the point where the cost of their home improvement projects outpaces the potential value of their home in an appraisal.
With that in mind, wouldn’t it be nice to know what projects were more likely to add value, before it came time to invest your effort and money?
That’s just what Remodeling’s “Cost V. Value” report has done for years now, cataloging the ROI for home improvement projects each year. HouseLogic recently analyzed all of the Remodeling data since 2002, tracking which projects had the most consistent long term ROI.