While return on investment (ROI) may not be the biggest consideration in a homeowner’s mind when deciding which projects make it to the top of the list, knowing which projects see the highest returns may be helpful in the decision-making process. You do not want to do a $30,000 kitchen remodel only to put your house on the market a few years later and find out you can really only expect an 85% or less return on your investment. If you think you will be putting your home on the market in the next few years, you may want to opt for a less expensive kitchen renovation. You may actually get a higher ROI on that.
Of course the statistics are different for different areas of the country. You can contact me for Maryland's 2016 statistics.
For more information you can visit the RISMedia article.