When it comes to spending your home-improvement dollars wisely, take a look at the data on this year’s home trends. What’s in? What’s tired? And what do buyers look for, long for, and pay more for? Make your home more attractive to buyers while creating a house you’ll enjoy!
Eye on Home Trends
If you’re gearing up to buy, sell, or renovate a home, the data give you a snapshot of what’s driving consumer behavior, what to emphasize to boost your home’s salability, and the renovations that bring the most value to you and to future buyers.
Universal Design Pays Off in Bathroom
This year’s Cost vs. Value Report by Remodeling magazine (http://bit.ly/2DDpnDy) once again shows the 20 most popular home renovation projects that bring the highest return on investment.
Topping this year’s list are garage door replacements costing an average of $3,740 and delivering a 98.3% return on investment.
If you’re considering aging-in-place projects, you’ll be pleased by the ROI that a bathroom with universal design principles can bring. Plus, it’s a project that will serve you while you’re living in your house by making the space safer and more comfortable.
If you’re debating between a regular bathroom renovation and one with universal design principles (seventh on the list of most popular projects), go for the latter. Because the bathroom with universal design features brings a slightly higher ROI (70.6% versus 70.1%).
Another bonus is that its job cost ($16,393) is lower than a normal bathroom remodel ($19,134).
Here are the five projects that provide the greatest return on investment.