Home Improvement Projects with the Highest ROI

Presented by Marc Aarons

If you’ve been looking around your home thinking it could use a little “sprucing up,” you might be interested in seeing some data about what renovation projects add the most value to your home.

Likewise, if you’re in the market for a new home, this information may help you make a quick decision about a current listing, helping you beat out other buyers in this fast-paced market.

Here are the five projects with a high ROI from the 2019 NAR Remodeling Impact Report:

1. New roof 107% ROI. Is it time for a new roof? 21 things to consider.
2. New hardwood floors 106% ROI. Do the wood floors need replacing? 8 ways to know for sure.
3. Hardwood floor refinish 100% ROI. Just need a refinish? 7 things to know before you get started.
4. New garage door 95% ROI. A new garage door can transform a home’s exterior. Check out 10 tips for choosing the right garage door for your home.
5. HVAC replacement 85% ROI. Love the home but worried about the HVAC? Here are 10 questions to ask before replacing or repairing an older HVAC.

While home renovations can be expensive, you’ll see most of that money again when you sell if you choose your projects wisely. If you have questions about options for funding projects, I’d love to share what may work best for you. Email or call anytime.

Marc Aarons may be reached at 714-887-8000 or marc@ocmoneymanagers.com

www.ocmoneymanagers.com

This communication is from Money Managers, Inc.; a Securities and Exchange Commission registered investment advisor.  Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities, and past performance is not indicative of future results.  Investments involve risk and are not guaranteed.  Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here.