Home Improvements That Increase Property Value
|
RefinanceOne's Equity Experts can help you get hard cash out of your own home, and we'd like to show you one of the best ways to put that money to work.
One of the smartest things you can do with your home's equity is put it right back into your home. It's a clear win-win: You enjoy the benefit of an improved living environment and greatly increase your home's value at the same time. This may actually increase your equity in the home over the long term. But not every project will increase the resale value of your home. It's best to stick with the ones that will give you the biggest return.
Here's how Remodeling Magazine rates top jobs in terms of one-year return on investment:
| Project |
Average Cost to Improve |
Increase in Property Value |
Return on Investment |
| Minor kitchen remodel |
$8,655 |
$16,271 |
88% |
| Second-story addition |
$73,553 |
$134,602 |
83% |
| Bathroom remodel |
$9,135 |
$16,534 |
81% |
| Bathroom addition |
$13,918 |
$25,192 |
81% |
| Family room addition |
$30,960 |
$54,180 |
75% |
| Major kitchen remodel |
$31,090 |
$53,164 |
71% |
| Deck |
$8,022 |
$12,434 |
55% |
To find out more about how RefinanceOne can help you enhance your lifestyle and the value of your home, all at a low monthly payment, please contact a representative at 800.515.8443 or Contact Us now.
|
|
 |
Envision Lending Group RefinanceOne helps customers in 30 States find the best possible financial solutions, regardless of credit history. Let our knowledgable representatives create a program to help you achieve your goals, and take Your First Step Toward a Brighter Tomorrow. |
|
|
