What projects offer the best return on investment? Well, check out Remodeling's Cost vs. Value report to find out which projects are the best, but how can you maximize your returns on specific projects? The Master Builders Association has some tips over at Porch.com's advice column for maximizing return on three common projects, entry doors, kitchen remodels, and new siding or windows (each getting a 91.1%, 83.1%, and 77.0% return respectively from our Cost vs. Value report):
Common money mistakes often involve too much personalization, particularly if you plan on selling within the next five years. That decked out dream car garage you poured thousands into? The next homeowners may be simple bike commuters with no need for a car lift and supply store cabinetry. Same thing goes for your home office. It may be perfect for you, but the next homeowner may prefer Starbucks.
That's a general tip for all remodels, so if you're looking for specific advice, click on the link below and check out the full article over at Porch.com's advice page.