Can't Stand Minimalism or Maximalism? Try Happy-Medium Design
Remodeling Your Home in 2020?
By Duane Duggan, an award-winning Realtor and author of the book “Realtor for Life.”
Every year when spring arrives, homeowners think of remodeling, repairing, and improving their homes. Reasons might include enhancing the sheer enjoyment of the home, practical updates, or getting the home ready to sell.
When a homeowner is remodeling a home for enjoyment or practical reasons, that’s one thing. Getting it ready to sell is another. If you are replacing single-pane windows because you can’t stand the drafts anymore, and you are planning on keeping the home for more than five years, the payback on the sale may not matter to you. However, if you’re prepping the home to sell, why spend money on specific home improvement projects if they don’t offer an immediate return? Sometimes the answer is that the project increases the attractiveness of the property to sell more quickly but may not return 100% of the amount invested. When you work with a REALTOR®, you have the benefit of your REALTOR®’s access to research from the National Association of REALTORS® (NAR). NAR produces the “Remodeling Impact Report,” which contains a wealth of information available to help you with these decisions.
The annual report on the impact of remodeling and its return on the investment is produced each year based on a survey of both REALTORS® and homeowners across the country. The report covers both internal and external home improvement projects. The results of the 2019 national survey are shown below:

Typical interior projects and their estimated return upon sale:
1.    Complete kitchen renovation                   59%
2.    Kitchen upgrade                                          52%
3.    HVAC replacement                                      85%
4.    New master suite                                         50%
5.    Bathroom renovation                                  57%
6.    Basement conversion to living area        64%
7.    Add new bathroom                                      50%
8.    New wood flooring                                     106%
9.    Hardwood flooring refinishing                100%
10.    Attic conversion to living area                  56%

Typical exterior projects and their estimated return upon sale:
1.    New roofing                                         107%
2.    New vinyl windows                             71%
3.    New fiber-cement siding                  76%
4.    New wood windows                           57%
5.    New vinyl siding                                   63%
6.    New garage door                                 95%
7.    New steel front door                            75%
8.    New fiberglass front door                  74%

Remember, this is information based on a national report and all real estate is local. Be sure to consult your REALTOR® to determine which renovations are best for your neighborhood and can offer the best ROI for your remodeling dollar.
Can't Stand Minimalism or Maximalism? Try Happy-Medium Design