Throughout our careers, real estate agents are asked which renovations have the greatest return on investment (ROI).
Whether it’s a seller that wants the highest sell price possible or a homeowner that is thinking of selling their home in a few years, the answer to this question is not written in stone.
Remodeling Magazine asked real estate agents in several Florida cities about the rate of return for home renovations and the following graph showing the calculations from the responses was published in the Florida Realtor Magazine.
Please keep in mind that the graph is an estimate and is only one more tool for homeowners and sellers to use in determining whether or not to renovate.
Please don’t hesitate to contact one of our agents when you are ready to sell. They are always happy to answer any questions you may have and to help guide you through preparing your home to sell it in the shortest time possible for the highest price possible.
For more information on how the data was collected and the methodology used to compile the graph, please visit http://www.remodeling.hw.net/