These home renovation projects get the best return on investment

But even if you’re renovating a home to live in it, it’s still important to know what you can expect to recoup from those upgrades and improvements and what will eventually pay off when it comes time to sell. Homeowners that over-renovate a home may not get the cost of the improvement back.

For example, it’s not the spa-like bathroom or the magazine-worthy custom kitchen that provide the best return on investment, according to a new report on the impact of home remodeling from the National Association of Realtors and the National Association of the Remodeling Industry.

Instead, the interior projects that recoup the most are refinishing hardwood floors and installing new hardwood flooring.

The report estimates the cost of refinishing floors at $3,400 with an estimated return on investment of $5,000, for a 147% recovery of costs. The estimated cost of installing hardwood floors is higher at $5,000, but … Read More

Best Exterior Paint Colors to Sell Your House for $20,000+ More!

Curb appeal does play a role in whether a buyer puts an offer in on a home. Accents can add charm to a house, but they can also scare people away. Bold and bright colors can appeal to some people’s palates, but the safer option is to choose a neutral color. Bold colors can limit the number of people that come to look at a property, and the idea is to have more people touring the house, not less.

Black is becoming a very popular accent color. It can make a house pop and stand out while still giving off a warm and welcoming feel. Black accents look terrific on modern, contemporary, and farmhouse-style houses. It looks great with brick, stone, and woodwork around the house. Black trim on a house painted with Useful Gray SW 7050, which has blue undertones, can elevate a home to the next level.

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