What Home Improvements Add Value?

April 17, 2020 Mortgage Refinance,Mortgages

MoneyTips

When you decide to revamp your home, the goal is usually to suit your lifestyle and create an ambiance more to your own taste. In a world of financial uncertainties, however, it is crucial to consider the effect on the resale value of your property. Home improvement projects that enhance sought-after features can make your home into an even more valuable asset.

Although the housing bubble burst in 2007, residential property owners are still recouping anywhere between 80 and 90 percent of their home improvement project costs. Looking at the potential returns of each improvement will help you choose the renovations that will make your property better looking, cozier and easier to sell.

Top Six Renovations

1. Modern, Functional and Energy-Efficient Kitchen

Most real estate buyers scrutinize two rooms in the house – the kitchen and the bathroom. Many people consider kitchens to be the heart of the home as a lot of time is spent i…

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