This Is the Most Profitable Home Improvement—Can You Guess What It Is?
The most profitable improvement homeowners can make to boost their resale value isn’t as sexy as a kitchen with marble counters and stainless-steel appliances, as practical as a dedicated home office, or as fun as a backyard pool or hot tub.
Instead, the work that pays off the most is refinishing or replacing the home’s hardwood floors, according to a recent remodeling impact report from the National Association of Realtors®. Homeowners recouped about 147% of their investment for refinished floors and 118% of what they spent on new flooring when they sold their homes.