![]() To get the best ROI for a project like this, you need to focus on neutral colors that everyone can enjoy.įor many homeowners, this can tend to produce boring results. As an example, let’s take painting walls. If you want to add comfort features and personalized touches, it’s better not to focus on ROI and rather on your own needs and budget concerns. But, practical upgrades don’t satisfy the needs of all homeowners. In most cases, practical upgrades result in the best returns. If you want to make the most out of your renovations, focus on home renovations that increase property value. Most other remodel projects net around a 50% to 70% ROI. Expect, at best, 93% of your costs recouped-and this is for a barebones garage door replacement. Whether or not ROI is the most important factor in your project, understand that most renovations don’t net a positive ROI. Others are more interested in adding renovations that improve their comfort and add a little bit of personality to their homes. Some homeowners focus on getting the most value possible from a project. ![]() ![]() For any renovation project, return on investment (ROI) is a factor you want to consider.
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