Five Value Adding Home Remodeling Projects

Five Value Adding Home Remodeling Projects

  • Team Elite
  • 02/22/22
When it comes to remodeling, not all projects have the same return on investment. Which projects should homeowners consider before listing their home for sale? Here's a look at five areas where you may get the most bang for your buck:

Refinish Hardwood Floors

Refresh the entire look of your home with newly refinished floors that cost, on average, $2,500 and increase a home's value by nearly the same amount.

Add New Wood Floors

Replacing carpeted areas with wood flooring can raise the value by as much as $5,000.

Upgrade Insulation

While this may not be obvious during an initial viewing, updating the insulation in attics and walls can increase a home's value by as much as $2,000.

Install a New HVAC System

Energy-saving improvements, like a new HVAC system, add value while providing lasting peace of mind. You may be able to obtain a tax deduction, too.

Increase Your Living Space

Converting a basement into a livable space can increase the value of a home by as much as $25,000.

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