Before You Pull That Home Improvement Trigger CHOOSE THE RIGHT PROJECTS FOR BETTER ROI BY ERIK J. MARTIN, CTW FEATURES
That costly custom crystal chandelier you’ve been eyeing would look perfect in the foyer. You’re convinced that dark quartz counter tops would really make your kitchen pop. And your kids keep asking you to install that in-ground swimming pool you’ve hinted about. All these wish-list upgrade items make perfect sense to you. But
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Spaces Magazine
they may not be so well-received by your home’s next owner, according to the experts. You may never recoup the costs you pay for many remodeling projects when it’s time to sell your home. That’s why it’s smart to think long and hard about the returnon-investment (ROI) potential of any home improvement you plan to make before you commit.
According to Realtors polled for the National Association of Realtors’ (NAR) 2019 Remodeling Impact report, the top five projects that are most likely to add resale value to your home are, in order, a complete kitchen renovation, kitchen upgrade, HVAC replacement, new master suite/owners’ suite, and bathroom renovation.
March 2020
