Cost vs. value...
A strong housing market isn't necessarily all good news for sellers, Jameson Doris reports on rismedialcom..
As evidenced by Remodeling magazine's newly-released Cost vs. Value Report for 2018, average return on investment (ROI) for home improvement projects dipped across the board, with "upscale" projects taking the biggest hit, Doris wrote.
The report, which measures the average cost of 21 popular remodeling projects and their average resale value one year later, found that garage door replacement has the highest ROI at 98.3 percent (up from 85 percent year-over-year). Backyard patio jobs garner the lowest ROI, at 47.6 percent (down from 54.9 percent year-over-year), Doris added.
For a breakdown of projects and their ROI: http://blog.rismedia.com/2018/cost-value-home-improvement-projects/?utm_source=newsletter&utm_medium=email
Photo: rismedia.com
Return on Investment (ROI) can vary. For instance, kitchen renovation ROIs range from 81-54 percent.
As evidenced by Remodeling magazine's newly-released Cost vs. Value Report for 2018, average return on investment (ROI) for home improvement projects dipped across the board, with "upscale" projects taking the biggest hit, Doris wrote.
The report, which measures the average cost of 21 popular remodeling projects and their average resale value one year later, found that garage door replacement has the highest ROI at 98.3 percent (up from 85 percent year-over-year). Backyard patio jobs garner the lowest ROI, at 47.6 percent (down from 54.9 percent year-over-year), Doris added.
For a breakdown of projects and their ROI: http://blog.rismedia.com/2018/cost-value-home-improvement-projects/?utm_source=newsletter&utm_medium=email
Photo: rismedia.com
Next time on The Allen Report:
Getting a Roommate in Your Golden Years.
Getting a Roommate in Your Golden Years.
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