Remodeling your Home: Your Expected Return on Investment
Remodeling Magazine recently released it’s Cost v. Value 2017 assessment highlighting expected return on investment (ROI) on a whole host of remodeling projects.
Nationally and regionally, exterior projects tend to bring about the highest return. However, all real estate is local. I pulled up the report on San Francisco which clearly showed a much higher return on one’s investment for a given project. Other benefits of remodeling and renovations include a cumulative effect that improvements have for the overall sales price. And not to be overlooked, a nicely renovated and appointed property will sell far more quickly than one that is not turn key or has perceived cosmetic or substantive deficiencies.
If you’re considering selling your property, or a homeowner interested in seeing which projects will add the most value to your home, contact me and I’d be happy to come up with a strategy that best suits your needs.
You can access the regional breakdown here: http://www.remodeling.hw.net/cost-vs-value/2017/pacific/
If you would like specific information on San Francisco you will likely need to register or just contact me and I’ll be happy to share it with you.