Home Reno ROI: Renovations that Pay Off

Not all home reno projects will hit the jackpot, but the right improvements can certainly help boost the value of your home. Even if you are renovating for personal reasons, it makes sense to understand how that investment might pay back in the value of your home.  Here are five renovations that consistently provide a good return on your investment:

Updated kitchen

From refreshed cabinet fronts and new hardware to a full-on renovation with new appliances and flooring, your kitchen renovation will be noticed by buyers.

A sparkly bathroom

Bathroom renovations are among the most reliable in terms of boosting the overall value of your home. Popular mid-range renovations could include modern shower heads and faucets, and an attractive new sink and counter top.

Fresh painting

A fresh coat of paint can work wonders on the overall impression of your home. The experts consistently agree that painting pays. This is because home-buyers of all backgrounds tend to be drawn to light and mid-range neutrals.

The efficient basement

An unfinished basement is just an opportunity waiting to be exploited. It’s also a great way to increase the value and square footage of your home!

Energy efficiency

Upgraded heating and air systems is always good because it provides immediate savings on your energy bill. New energy-efficient doors and windows will spruce up the appearance of your home.

If you’re thinking renovation, let’s talk. We can help you finance your home reno so you can maximize your ROI.

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Rasha Ingratta & Mortgage Associates

By Mortgage Intelligence

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