America’s Next Top Remodel? Which home renovation will give you the best bang for your buck?
The adage has always been that if you want to add value to your property with a remodel, the kitchen and bathrooms are always going to give you the best return on your investment. But, is that really the case?
All home renovations increase a home’s value to some extent. However, according to Zillow’s statistics, here are the returns for each dollar spent on common remodels:
Mid-Range Bathroom Remodel: $1.71 recovered (gain)
Mid-Range Window Replacement: $1.15 recovered (gain)
Family Room Addition: $1.07 recovered (gain)
Mid-Range Kitchen Remodel: $0.52 recovered (loss)
So, if you are trying to maximize added value to your home, a mid-range bathroom remodel will give you the most bang for your buck.
Need some help with deciding what to remodel before selling? Give Kevin a call today at 480.217.9184