A common misconception among homeowners is that whatever money you put into updating your home you’ll get back when it’s time to sell.
Unlike popular home shows promote, the reality is most home projects do not recoup your initial, invested cost. Not all home projects are created equal in terms of return on investment (ROI) and homeowners should proceed with caution before making significant changes to a home they intend to sell. If you are ready to funnel your hard-earned money into improvements, these exterior projects make the top of our list for projects that give the best bang for your buck!
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Smart home improvements add value both in terms of equity gains as well as delaying what may be an unnecessary, costly move. In fact, according to the National Association of Realtors, “after remodeling, 84 percent of owners have a greater desire to be in their home”.
With interest rates on the rise, a few strategic changes may allow you to stick it out longer in your home and keep that historically low interest rate. Ready to funnel some hard-earned money into home improvements? These interior projects make the top of our list for best bang for your buck. |
MoreOwning real estate should be a journey of building & preserving wealth through the equity in your home or other properties. Our resources are designed to give current and would-be homeowners tips & trick to maintain, improve & shop for their greatest asset. Your search for value in real estate stops here. Archives
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