The biggest journeys begin with the first step. This is true no matter what you’re attempting but a major remodeling project is one of the most intimidating “journeys” you can take.
The top five home remodel projects that will bring in the most money or recoup your investment were a surprise to me. My assumption was kitchen, bathrooms or room additions. But when looking at the return on investment the costs to remodel a kitchen or bathroom can get expensive and does not necessarily mean that you will get your money back.
Too often homeowners assume they will recoup the money they spent on all the home remodeling projects that they made on their real property during the time they occupied it. When they decide to sell their house they are often shocked to find out that they do not recoup 100 percent of their remodeling costs. While recouping remodeling costs shouldn’t be a homeowner’s sole reason for remodeling–often lifestyle or aesthetic reasons are more likely to play into the decision. It still is a good rule of thumb to get an idea of what you might be able to expect to get back at resale.