From a strictly dollars and cents analysis, almost all (but not all) home improvements make no sense (DIY projects should be judged differently than home improvements done by professional contractors, since they will have an inherently higher ROI on dollars invested).
In most cases, you are not going to get the money back you put into them. But is a home improvement going to perk up the quality of your life, make you proud of your house, improve your lot with the neighbors, make your life more fun? You cannot put a price tag on those.
However, be aware that even that emotional boost aka “enjoyment factor” will not always make a home improvement worth it. Take a hard look at the real estate market in your neighborhood before plunging into a major home remodeling upgrade.
Continue reading “15 Home Improvements that will Pay you back – Mostly, Plus ROI Details”