This is one great resource for getting a thumbnail idea of the impact of renovations on resale value.
Deciding what renovations to do when selling is not always a matter of return on dollars spent, there are times when basic renovations are needed to enhance market position, preserve the integrity of the property, or are needed to make a property meet minimum standards.
Remember, there can be a big difference in cost depending on where you are geographically, the type of materials used, and if you do it yourself or hire professionals. If you do the work yourself, the outcome needs to be of professional caliber to maximize return on investment. DIY work that looks unprofessional can have a negative impact on value.
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