Which Home Renovations Add the Most to the Homes Value?
The answer to this is different depending upon the location of the home. Different markets value amenities differently. Things like energy-efficient air conditioning units and Carolina living areas such as screened-in patios, can add value in the Grand Strand market. However, as a rule of thumb nationally, the most value returned from renovating a home comes in the kitchen. According to one national survey, kitchen remodels returned an average of 88% of the investment. In other words, a $10,000 kitchen remodeling project would add approximately $8,800 to the value of the home. Bathrooms were second, returning 85%.
