Duration: 00:53
These home improvement projects basically never pay off. Accept one. A home improvement renovation can make your home a happier place. But there are many projects where hours of toil and thousands of dollars don’t do much for your home’s resale value. In fact, in some cases, you’ll recoup barely half of what you spent on your investment, according to Remodeling magazine’s 2019 Cost vs. Value Report. The hard truth is that a home upgrade is almost always a money loser, according to Remodeling’s findings. None of the renovation projects cited by the Remodeling report recoup all of their costs, let alone “add” value that will pay off when you sell the home.
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