What Renovations Would Be The Best Investment For Property

Investing Your Renovation Money Over-improving a property is never a sound investment, even if it's going to be your home forever. In creating your wish list of improvements, keep in mind that you want to get the greatest value from every improvement dollar you spend. Your real estate agent can give you an accurate idea of what the return on investment (ROI) wouldbe for your specific area. These guidelines, from Remodeling Magazine's 2007 cost vs. value report, offer the national averages on rates of return on some common home improvements:

Remodeling

Bathroom - 102%

Kitchen - 99%

Basement - 90%

 

Replacement

Siding - 104%

Windows - 90%

Roof - 85%

 

Additions

Bathroom-86%

Family Room - 83%  

 

 

Bathroom - 86%