One argument I make that may surprise the reader is the assertion that most home improvement projects are not really worth the time – at least not for the sole purpose of increasing the value of your home for sale. In fact, projects such as adding a sunroom and renovating a home office return less than half the money you put into a project:
“The return on investment (ROI) on some projects is so low, you’ll be left holding the bag for about half the cost. That makes these especially poor choices for homeowners planning to sell.”
If you’re going to take on these types of projects it should be for your own use – if you’re planning on spending a few more years in your home before you sell then it may be a good idea.
I’m not trying to suggest in this section that all home improvement projects are bad ideas if you’re planning on selling your home. Some do offer decent ROI. Good examples include replacing vinyl siding, garage door replacements, and wood deck additions. All of these are estimated to provide more than an 80% return on investment and can add to the visible appeal of your home.
