If you intend to sell your home, it might be a good idea to do a couple of renovations before listing it. It is also wise move if you have not updated the home in several years.
Remodeling Magazine publishes an annual “Cost vs. Value Report”. The 2016 report disproves most people’s first assumption – kitchen or bathrooms being the remodels that yield the most resale value. According to this report, adding fiberglass attic insulation is the best return on investment. This simple improvement yielded 117%.
Renovations that are at the top of the list are:
- Add fiberglass attic insulation with a yield of 117%.
- Replace bottom siding on the bottom third of the house with stone veneer at 93%.
- Exchanging garage…