Tuesday, June 26, 2018 / by Kevin Schumacher
June is National Homeownership Month and what better way to celebrate homeownership than with renovations that make you fall in love even more with your property! Especially in our market here in the Front Range we see homeowners who don't necessarily get to move into a home that has the exact finishes they were originally wanting, therefore they look into the option of renovation!
Houzz just conducted their yearly home study survey where they analyze renovation trends and for 2018 they determined that half of homeowners (51%) plan to begin or continue renovations on their home with the median renovation spend of $10,000.
One thing is certain, if you are deciding to take on the task of a home renovation project during 2018 you will want to maximize your return on your project! Here is an updated infographic of the Top 4 Home Renovations for Max ROI.
- Whether you are selling your home, just purchased your first home or are a homeowner planning to stay put for a while, there is value in knowing which home improvement projects will net you the most Return On Investment (ROI).
- Minor bathroom renovations can go a long way toward improving the quality of your everyday life and/or impressing potential buyers.
- Upgrading your landscaping or curb appeal helps get buyers in the door. These upgrades rank as the 2nd and 4th renovations for returns on investment.