If you had to guess what home improvement project gives you the best return on investment, what would you say? A sparkling kitchen remodel? New smart home technology? Upgraded bathrooms? A state-of-the-art backyard oasis?
Surprisingly, the answer is none of the above. According to a recent remodeling impact report from the National Association of REALTORS®, the number one home improvement project is actually hardwood flooring, whether they are refinished or replaced. The NAR data shows that homeowners recouped about 147% of their investment on hardwood floors they refinished and about 118% on new flooring when they sold their homes.
For more information on how to get your home market-ready, contact your local real estate specialist today at SurterreProperties.com.
