There are those that will say remodeling a home only costs money and there is nothing to be gained for it other than your own satisfaction of improvement. However, there are certain home renovations that really do pay off in the end. These are worth your time and effort. Take these two rooms, instance.
It may cost a lot of money to renovate a bathroom, but if you spend around $10,000 on an upgrade to this room you can add at least an extra $10,200 to the sales price if you ever sell your home. Doesn’t sound like much, but it is over 100% return on the investment.
Kitchen remodels may not pay off so much in monetary value, but they are not a great loss either. The more appealing a kitchen is to a prospective buyer, the more the house can be sold for even if the extra money tacked on to the sale price was not directly related to kitchen expenses.
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