Repairs to your home that will get good returns
We have several clients we speak with throughout the year that want to know what improvements will get them the best returns for resale. Recently the National Association of Realtors released a report of cost to value for each area in the U.S. I am going to write a couple of posts that tell the best Cost to Value repairs for homes in the Cabot Arkansas area.
What addition to my home will get the best returns?
Attic bedroom
According to the study, the average cost of adding an attic bedroom is $41K and the average recouped during resale is $40K. If you were able to do a professional job for cheaper than the average costs it may be a wise decision to look into having it done. Of course each home and neighborhood is different. Some homes have the right roof and rafters to make it easy to add a bedroom. I would check with a professional before making any decisions.
Next post I will highlight which remodels the study says has the highest cost to value ratio.
good day