TV shows often portray remodeling in a glamorized way. In the long run, will all projects give you the most bang for your buck? We might base our remodeling decisions on desire rather than the overall return of the investment (ROI). Here’s one common misconception: not all remodeling projects will pay back when you sell. See the images below for the most and least ROI for popular remodeling projects.
**Need a loan for your next big project? Click here to find information on our renovation loan programs.
// //
/* ]]> */
This is great information! Good to know where to spend money and where not to. Guess I should do the bathroom remodel before building my man cave in the basement… Thanks PHMC!
Good info for remodelers. Mine is a rehab through PHMC, and I’m looking forward to the work!
Interesting to see the differences of ROI between spaces. I was surprised that not only older homes can benefit from remodels, but so can new constructions. I’m looking to replace and add on to a few feature for our new home. Interested to see what value that will add to the house when we get ready to sell in the future.
Thanks Platinum Home Mortgage for helping us recoup some of our money used to build our garage.
After just recent refi, I’ve learned putting some money into landscaping adds value.