18 Apr Renovations and Home Value
| Renovations and Home Value how to determine the best investment. |
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| Not all renovations always Increase a home’s value
While a renovations can enhance a home’s appeal or functionality, but they may not always result in an increase in value. |
The below information is from ( to read the enitre article clink the link ) https://www.realtor.com/news/trends/homeowners-are-spending-more-on-renovations/ , deemed reliable not guaranteed .
The most popular remodeling job remained a kitchen overhaul,it was the most common interior room renovation, at 29%.
Kitchens were closely followed by guest bathrooms, at 27%, and primary bathrooms, at 25%. About 21% of homeowners had their living rooms redone.
While historically the most frequently upgrated areas in the home are kitchens and bathrooms .“ They serve essential functions of daily life, so they’re often the most frequently trafficked spaces leading to accelerated wear and tear compared with other areas,” says Sargsyan. “They’re also a target for homeowner design preferences as people look to create their own personalized sanctuaries or desirable focal points for potential homebuyers.”
More than half of homeowners also did outdoor projects. The most popular was updating outdoor lighting, 22%, followed by installing security systems, 18%.
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