- US Home Purchases Rebound; 2015 Had Most Sales in 9 Years [AJC]
- Trends That’ll Influence Homes in 2016 [Realtor Mag]
- Which Home Renovation Projects Have the Biggest ROI? [Inman]
- Favorite Design Styles by City [Dot & Bo]
- How to Treat Your Home to a January Health Kick [Houzz]
- Sneak Peak at Serenbe’s Tiny Houses for Artists [Atlanta Magazine]
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Infographic courtesy of Northshore Fireplace.
The ROI of a home renovation should be the increased level of enjoyment you get from your new improved home, not the reimbursement you probably won’t get when you sell your house.
Agree, especially since all improvements will immediately start to age and depreciate after completion. There are many financial investments that are way easier and more efficient than improving your home. Improve your home either because it’s absolutely necessary for function, you will enjoy the renovation, and/or you enjoy that way of investing money and time.
Agreed! Home renovations should be undertaken to increase the enjoyment and/or function of the home for the current owners. But knowing that not all projects are created equal can be a useful tool when considering a multi-project home renovation. As a Realtor, I obviously want to provide information that is helpful not only to buyers and sellers, but also to homeowners.
+1. My current and previous two homes have a bathtub (separate from shower) I will never use taking up way too much space in my bathroom – space I would have rather put towards a larger bedroom or closet. Why do builders insist on doing this? Who are these people sitting in bathtubs every day?
Some time ago, when I mentioned to a real estate agent my idea to convert a tub/shower combo to a large walk-in shower, which would have left the unit without a tub, she said it would be a negative because many people use their tub to wash their dogs. I have no idea if this is true. As for the separate tub and shower, I do like this but only because I dislike the tub/shower combo. But, like you, I could also do without the tub.
Funny you should mention this. There was just a Houzz article that looks at all angles (personal preference, children, resale value, etc.) of whether or not you should keep your bathtub.
http://www.houzz.com/ideabooks/47971053/list/should-you-keep-your-tub
Bath tubs are for bathing children! That’s the reason there has to be at least one per home. And that’s the problem with the shower/tub combination because, if it has a door with a track on the edge of the tub, it’s uncomfortable for parents trying to leave lean over the bathtub.
Yes, I get that. I should have mentioned that I was talking about a loft in a very kid unfriendly building.