REMODELING PROJECTS THAT ADD VALUE

Home improvements are a smart investment to make and they will earn the cost back for you when you sell, right? Well, it really depends on what improvements you make. Keep in mind that buyers view homes differently than homeowners. The top remodeling project areas that typically earn the highest payback are kitchens, baths and, more recently, energy efficient upgrades. However, work in these areas should be managed carefully as these projects can be very expensive.

Two important things to keep in mind if you plan a major remodel: consider your home’s architecture so that the result fits aesthetically; and, consider the caliber of your neighborhood so that your home doesn’t become the most expensive house on the block.

Renovation priorities change and also vary by geographic location so take time to check out the latest 2016 Cost vs. Value Report published by Remodeling Magazine for an understanding of which projects are likely to give you the biggest payback. In the meantime, the following list is organized by required investment budget and payback opportunity to help guide your thinking: 

(Small Projects – zero to $2,500 - Mid-sized Projects – $2,500 to $10,000-  Major Projects – over $10,000- Some Projects May DECREASE Home Value)

Read my full blog on different projects at Marin.com