You are here

How renovations can affect the value of a home

Sellers who want to recoup more of their investment would do better by aiming for boring, says realtor

While buyers appreciate a usable bathroom, high-end renovations are among the worst investments, says an economist.

New York

THE summer months are a particularly popular time for updating houses, with new bathrooms, new kitchens or even a new roof. But whether the renovations add to a home's value, that's a different matter.

Even when they do increase the price a seller may get, they rarely...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to