While kitchen and bathroom renovations are among the top five planned projects in all cities across the U.S., other projects are topping the list in certain cities:
- Landscaping (97.1% of cities)- First floor addition (51.4% of cities)- Deck (34.3% of cities)- Backyard home (17.1% of cities)- Exterior and interior painting (both at 17.1% of cities)- Pool (11.4% of cities)
When tackling these projects, think long term. Prioritize those that will yield a strong return on investment when it comes time to sell. Data from Realm finds that the projects with the highest ROI potential are usually low-cost ways to add living space, like conversions or additions in which the original structure isn’t impacted. Building a backyard cottage, finishing a basement, converting a garage, finishing an attic and remodeling a kitchen are projects that have the highest return on investment potential.
DFW Property Management serves property owners and tenants across 85+ cities in Dallas-Fort Worth. Learn more about our services or browse homes for rent.
