Before the national housing collapse of 2007, home renovation decisions seemed far simpler and much more profitable for homeowners than you see with today’s market. Today, the value of home renovation projects is a whole new ballgame. That’s why you should carefully research any potential fix-up project you’re planning for your home. To some extent, the value of certain home renovation projects depends on location, and there are national and regional resources available to help you make the best decisions for your project. For the past 14 years, Remodeling magazine’s annual Remodeling 2016 Cost vs. Value Report has tracked cost recoupment on renovation projects nationwide and by region. Based on trends from transactions tracked in 2015, several guidelines emerged.
Choosing the Right Project for Your Home Renovation
