Confessions of the Professions

Your Source for Understanding the Workplace
Back to HTML Cache
Back to Original Confession

Home Improvements Add Value To Your Home [Infographic]

Posted by Confessions of the Professions in Confessions

Tane

http://www.halfprice.com.au/

 

MyPost: create beautiful simple web pages in minutes with just a few clicks!
The Daily Dot Store: the leading destination for stylish accessories, gadgets, everyday carry essentials & more!
PROMOTE: Place a Text Link on this Confession ONLY

The views, opinions, and positions expressed by the author and those providing comments on this website are theirs alone, and do not necessarily reflect the views, opinions, or positions of Confessions of the Professions thereof. By reading the following article, you do not hold responsible Confessions of the Professions or any contributing authors for the content of this confession. Viewer Discretion is Advised.

Adding Value To Your Home Through Home Improvements

Home Improvement Home Remodeling

Home improvements are a big investment and you need to put a serious amount of thought into how much they will cost and budget accordingly. For people who are unsure about their long term residential plans, the decision is even tougher as they have to weigh up whether it’s worth the hassle and upheaval if they don’t end up staying there long-term. Some home improvements have a good return on investment (ROI) while others do not, and it is these two factors that should dictate what home improvements you make, if you intend on selling your home in the near future.

For example, a new bathroom addition generally has a very good ROI, as most people see a second bathroom as a necessity when buying a home these days, so it will make a good impression on potential buyers. Data shows that you can usually recoup between 80%-130% on resale when you add a bathroom to your home. On the flip side of this, property additions like indoor or outdoor swimming pools have a very poor ROI and you generally only recoup between 30%-50%, so these are best avoided if you're moving home soon.

The guys from from HalfPrice.com.au have put together this useful infographic which should assist your decision making process. It charts some ideas that tend to consistently add value to a property; it shows how to make your options of the environmentally friendly kind and it highlights some improvements ideas that tend to not result in a positive outcome in terms of ROI.

Check it out below.


Home Improvements Add Value to your Home [Infographic]

Click to open / Right-click for save options

PDF Version


Text-Friendly Version

DO HOME IMPROVEMENTS: Add Value To Your Home

It's the fundamental question facing anyone who has ever embarked on a home renovation: How likely am I to get the money back when I sell my house? We take a look at the home improvements with the best return on investment (ROI), including some great green options, as well as the ones with the worst ROI.

The Most Valuable Home Improvement Projects

Kitchen Remodeling

Why?

ROI

Key Considerations

 

Bathroom Addition

Why?

ROI

Key Considerations

Deck Addition

Why?

ROI

Key Considerations

Reinventing the Basement/Attic

Why?

ROI

Key Considerations

Basic Updates

Why?

ROI

Key Considerations

 

Green Projects for the Future

You may also be considering green additions to your home and these have a great ROI over a number of years. If you stya in your home you will reap the benefits and buyers will also pay extra for it.

Energy-Efficient Windows

Why?

ROI

Key Considerations

Energy-Efficient Insulation

Why?

ROI

Key Considerations

Solar Panels

Why?

ROI

Key Considerations

 

The Least Valuable Home Improvement Projects

If you're planning on selling in the near future, these home improvements are best avoided!

Home Remodeling

Why?

ROI

Swimming Pools

Why?

A swimming pool generally makes your house more difficult to sell. Many people, especially families with small children, do not want to buy a house with a pool.

ROI

Gourmet Kitchens

Why?

ROI

Sunrooms

Why?

ROI

Whirlpool Baths

Why?

ROI

HALFPRICE.COM.AU
Australian Home Improvement Products



If you enjoyed this confession, make sure you subscribe to the Confessions RSS feed!
You can also follow Confessions on Twitter.
You can also subscribe to the Weekly Confessions Digest.

(


Advertisements

 


Back to HTML Cache