Published October 30, 2023
Maximize Profits: Your Guide to High-ROI Home Projects
Get a home valuation here.
Check out the 2022 NAR Remodeling Impact Report episode here.
Check out the How to save on your electric bill episode here.
We recently discussed a remodeling impact report on Tampa Home Talk, which identifies home improvements that yield the highest return on investment. Here are three key findings from the report that can be particularly valuable:
1. Interior paint. This is going to give you a huge return on investment, not only if you're looking to sell your home, but according to this report, it also has a ten on the joy score in terms of enjoyment after you make that improvement in your home and you love living there.
2. Wood flooring. If you have existing wood flooring, refinish those wood floors or put in brand-new hardwood floors. According to the report, it was number one on the list at 147% return on your investment.
3. Insulation upgrade. You might also want to consider this additional option on top of blown insulation. It's proven to save 23% on your energy cost, according to the manufacturer.
If you want to learn more about home upgrades with the best ROI, call or email me. I’m always happy to help.
