The Top 3 Home Renovations That Will Bring You The Most Money
Posted by Terry Paranych on
Whether you’re thinking about putting your home up for sale or simply looking for ways to improve its overall value, these top 3 renovations will deliver the biggest bang for your buck:
Kitchen Renovation and/or Update
While kitchen renovations can be among the most expensive, they also carry the healthiest ROL.
ROI = 75-100%
Average Cost:
Smaller Renovation (i.e. fresh paint, refinishing cabinets upgrading hardware and a new backsplash) = $13,049 – $19,574
Larger Renovation (custom cabinetry, granite countertops, hardwood flooring and high-end appliances) = $40,000 and up
Budget Recommendation = 5-15% of your home’s overall value
Tips For Saving On Your Kitchen Renovation:
- Opt for Stock Instead of Custom – For instance,…
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