These home remodeling projects offer the highest return on investment in history, report finds

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 52%
  • Publisher: 72%

Housing Notícia

Mortgages,Financial Consulting,Investment Strategy

Not all home renovations deliver the same return on investment, but some can pay off twofold, according to a recent report.

Forget a designer chef's kitchen, the top projects promising the greatest returns in resale value are mostly related to a home's curb appeal, according to Zonda's recent cost vs. value report.

"When it comes to adding resale value to a home, exterior replacement projects continue to make the most sense," Clay DeKorne, chief editor of Zonda's JLC Group, said in a statement. "Discretionary projects like an upscale bathroom or kitchen remodel will feel valuable to those who make the selections but won't provide nearly as much return to sellers," DeKorne said.A minor kitchen remodel — such as painting and updating the backsplash — did provide high returns, at 96% of costs recouped. But major upscale kitchen and bathroom remodels did not, the Zonda survey found, with returns of 38% and 45%, respectively.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Lending protocol Sonne Finance faces $20 million exploit, pauses markets on OptimismThe team said in a post-mortem report that it’s ready to offer a bounty to the attacker in exchange for return.
Fonte: TheBlock__ - 🏆 464. / 53 Consulte Mais informação »