The Best Return on Investment Home Remodeling Projects – Madison County Chamber of Commerce News

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Our Top Tips from the Experts for home renovation investment

If you ask real estate agents to suggest where to invest your money in remodeling and they’ll tell you that “kitchens and bathrooms” make homes more appealing. What does this mean? Does it mean you’ll have to complete a full rip-out and start from scratch? You could, but it doesn’t need to.

Bathrooms can be improved through updating plumbing, or adding flooring. A quick paint job could also make a big improvement. The complete overhaul of your kitchen or bathroom could bring an investment return (ROI) which ranges from 13 percentage to 35% in minor changes and about 35% for more extensive remodels.

The experts also recommend upgrading in order to increase energy efficiency. The most profitable return of home remodeling investment is to provide potential owners with instant energy savings. A good example is the addition of a tankless hot-water heater in the event that your existing water heater will need to be replaced is a worthwhile purchase.

The tankless heater is able to provide a wonderful addition for the right buyer. It’s extremely energy efficient and attractive. It is also possible to make a profit on your investment by installing new windows. Energy efficiency is now an increasingly popular term in the world of real estate. Integrating energy efficient homes is a benefit that well-researched consumers understand. If you’re trying to get the most return on investment for your home remodel and have a plan kofjkqpv5w.