Will renovation be recouped for homeowners when they sell?

Many homeowners considering a renovation think they will retrieve the costs when they sell.  However, unless homeowners keep these projects practical, it is unlikely they will recoup the costs later on.

Some renovations are more likely to increase the value of the property, while others are more for the homeowners enjoyment.

Each year, Remodeling Magazine looks at the hottest home upgrades and calculates the amount the owners are likely to get back when they sell. For Riverside County, the statistics show the top 3 items in terms of highest percentage returned are as follows:

1. Minor Kitchen Remodel - 91.5%
2. Garage Door Replacement - 88.4%
3. Entry Door Replacement - 85.0%

For more information and the complete article please click here for Remodeling Magazine report