One of the smartest things you can do with your home's equity is to put it right back into your home.
It's a clear win-win: You enjoy the benefit of an improved living environment and tangibly enhance your
home's value at the same time.
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 (ROI):
|| Average Price Tag
|Minor Kitchen Remodel
|Major Kitchen Remodel
Don't over improve. It's difficult to recover the investment in a home that is already more
valuable than most others in the neighborhood.
Keep whimsy in check. Eclectic tastes likely won't appeal to mainstream homebuyers.