5 Remodels That Make Good Resale Value Sense — and 5 That Don’t

5 Remodels That Make Good Resale Value Sense — and 5 That Don’t


When planning a remodel, it is important to identify task dependencies, know who does what, be flexible, compromise, and calculate the critical path of the implementation schedule. Five remodels that typically make good financial sense, providing a nice return on the investment at the time of resale, and five that don't. It is also important to know the hierarchical structure of the project's chain of command, who has governance over certain aspects of the project, and who signs off on what deliverables. Remodeling projects that offer good resale value include updating a tired old kitchen, adding living space, tearing out walls, bumping out the exterior home footprint, and moving plumbing fixtures and appliances. When planning a kitchen remodel, it is important to prioritize your own design aesthetic or the return on your investment.

Using the existing kitchen layout and affordable cosmetic materials is a sure way to keep the cost of the remodel manageable. New square footage generally increases your home's value, but there are certain costs that will be associated with it. It is important to get some bang for your buck and the added room is sized so that the space can be efficiently produced.