Homeowners selling in a competitive market may choose to upgrade their home first. Their reasons vary. Some want to move the home quickly, while others want to command a considerably higher price. Each year, Remodeling’s Cost vs. Value report looks at the likely return on homeowners’ investment for the most common remodeling projects across major U.S. markets when the home was sold within a year of the upgrades’ completion. In 2017, that ROI was 56.8 percent on the dollar, down slightly from 57.9 percent in 2016. The decline comes as material and labor costs rise and consumer focus shifts from upscale to midrange projects.
Remodelers can help homeowners manage the rising cost of home upgrades by earning up to $1,500 back per project when they use propane to power home systems. Check out our Propane Construction Incentive Program for more information on how to qualify.