Renovations & 2016 Trends

Real Estate

Renovations & 2016 Trends

NAR and the National Association of the Remodeling Industry released their first-ever Remodeling Impact Report in December 2015, which looks at the cost, resale value, and customer satisfaction of 12 interior projects and 8 exterior projects. Spoilers: new roofing and hardwood refinishing had the greatest cost recovery, but owners were happiest when they added a bathroom, renovated their kitchen, put in new fiber-cement siding, or installed a new front door. Home buyers seem to appreciate upgraded kitchens and bathrooms, and a new roof the most.