Home renovations that get the best returns
Home Improvement

Home renovations that get the best returns

Home improvements such as refinished or new wood floors can return all or more of your investment, while homeowners can recoup 75% on a remodeled kitchen, according to a report from the National Association of Realtors.

CRASH! THUNK! BOOM! The loud clamor jolts me out of my patio chair, where I am trying to write this column. The dogs startle from their naps. “Did you hear that!?” their expressions beg.

“I know it sounds like 25-cars and a locomotive slamming into a block wall,” I reassure them, “but it’s just the roofers next door.”

We settle back down. A few minutes later, KABOOM! We jump. This scene repeats all morning as the hardworking roofers detach old clay roof tiles, and shove them by mounds into a Dumpster 15 feet below. It is not peaceful.

However, according to a report that is literally in my hand, it will be worth it. As it happened, I was writing this column about which home improvements deliver the most bank for the buck. The 2022 Remodeling Impact report, out from the National Association of Realtors, looked at the best outdoor and indoor improvements homeowners could make to get most, all, or more of their money back. Researchers surveyed remodelers to find the average costs for projects, and Realtors to find out how much each improvement would add to the home’s resale value.