The report estimates the cost of refinishing floors at $3,400 with an estimated return on investment of $5,000, for a 147% recovery of costs. Best ROI on projectsAfter refinishing floors and new hardwood, the next best return on investment was another decidedly unsexy project: an insulation upgrade. With an estimated cost of about $80,000, a total kitchen renovation recoups about $60,000, and homeowners can expect to recover about $25,000 of a $35,000 bathroom renovation, about 71% of the project’s cost. At an estimated cost of $57,500, homeowners can recoup 86% of that project’s cost. As for exterior home improvements, the projects with the best return on investment are replacing the roof and the garage doors, with both recouping all their costs.

Source: CNN April 15, 2022 14:49 UTC