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Home Improvement Investment Florida

With the popularity of do-it-yourself remodeling many people are tackling more and more projects. Many home improvement projects may sound valuable to the person doing it but in reality a potential buyer may not care at all about the renovation.

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Awning Works, Inc.
(727) 524-1118
14115 B 63 Way N.
Clearwater, FL

W.G. Mills, Inc.
(727) 533-8511
5584 Rio Vista Drive
Clearwater, FL

Structure Solutions, LLC.
727-423-2091
7140 12th st nw
largo, FL

CLICK'S CONSTRUCTION,INC.
772-778-1945
1527 20th Street
Vero Beach, FL

Lazer of SW FL Inc
239-289-1994
1988 sagebrush circle
naples, FL

JNL Cleaning & Restoration
(904) 282-9617
4320 Chinchilla Ct
Middleburg, FL

Hammond Brothers Construction
813-917-7951
18215 edgewood dr.
Spring Hill, FL

New Leaf Construction
239.594.5323
1030 Collier Center Way
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Gator Custom Blinds
352-867-0448
1871 N.E. 23rd St.
Ocala, FL

M & A Windows, Inc.
(954) 298-7537
6165 SW 160th Terr
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Lately I've had several questions from people about what different type of renovations give the best return on their investment when they sell. With the popularity of do-it-yourself remodeling many people are tackling more and more projects. Many home improvement projects may sound valuable to the person doing it but in reality a potential buyer may not care at all about the renovation.

One popular renovation that many people tackle is finishing a basement. However, according to recent polls most basement renovations only return about 50% of your investment. So a typical basement remodel that costs $25,000 may only net you $12,500 when you sell the house.

The two most rewarding renovations are remodeling your kitchen or bathroom. Typical kitchen and bathroom remodeling projects return between 75% and 90% of your investment. Not only are those projects financially rewarding kitchens and bathrooms really do help sell the house. An updated kitchen can make the difference between your house and one down the street thats still stuck in the 80's!

One statistic that I read I have a hard time believing. The article said that fireplaces and decks only yield about 10%, or the same as installing a hot tub or pool. While I can see the argument for the the hot tub and pool I tend to disagree with the fireplace and deck. I think fireplaces and decks can make the difference in your sale and while that may not relate directly to your investment, selling versus not selling can add up to significant dollars.

The bottom line is when you plan your next home improvement project make sure you evaluate why you're doing that project. If you're doing it to help sell your house in the future you may spend you money on the kitchen or bathroom. If you're doing it for your own enjoyment than the hot tub or pool might be just the thing you need.

Home Improvement Investment
Home Improvement

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Featured Local Company

Awning Works, Inc.

(727) 524-1118
14115 B 63 Way N.
Clearwater, FL

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