Interesting article about the cost/benefits conversation that every renovator should ask themselves before they get started. This article is probably more tailored to the property investor but there are some very valid points for those looking to renovate their own home.
“Remember, renovating for your own personal use and renovating to attract a wide range of potential buyers can really be two different things. It all comes down to your return on investment or ROI. Basically, you’ll want to ensure the amount you invest in the renovation is less than the value you’re adding to the property, and the sale price you’re likely to achieve.”