When you watch remodeling shows on TV, you are probably impressed with how much of a difference they can make to a home, and it might inspire you to consider remodeling your home. While it isn’t a bad idea to refresh your home, doing it for the benefit for a sale is hardly ever worth it.
It is important to remember that on these shows they hardly ever give you the correct idea of the cost and effort involved, instead they are fishing for viewers. In reality, the average remodel only gives you a return on your investment of about 65%. That is definitely not money well spent. Repairs, landscaping or painting your home usually gives you a good return on your investment, and there are some rooms in your home that are more likely to give you a good return than others, so you should do the research before you put the money into a remodel that might not even pay for itself.