Other improvements fall somewhere less. If the market is slow, expect to see less payback than you would in a fast market. Converting a basement into a family room yields the smallest return on the investment. Projects can be large or small. Sometimes, the cumulative effect of small projects can pay back more in resale value than that of larger projects.
Large improvements involve adding or upgrading living space.
Today's fad may be tomorrow's standard. Decks may not have paid back very much in resale value decades ago, but as decks have become more desirable, their resale value has increased. The price of home improvements fluctuates depending on economic conditions and region. This Information is to be used for a reference and any questions that you may have should be directed to the appropriate Real Estate Agent. If you are interested in any of the properties contained within this web site, please contact the appropriate Real Estate Agent.