Homeowners are constantly remodeling, redesigning, and changing their home for a variety of reasons. This report ( long but worth the reading time) takes a deep dive into the reasons for remodeling and the potential cost recovery at the time of sale.
It also contains:
It’s important to remember that no household project recoups the entire investment. I’ve always told clients to do it for their own enjoyment and don’t expect the next person to appreciate the full value.
Also, the report is based only on “estimates” from Realtors® and may be off by a few percentage points.
If you have questions about the ROI on your home projects check with your Realtor®.
Check out DesignBuildCincy this weekend.