KAFE This Morning

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Worst home investments for resale

Lots of people are tackling projects at home that they now have the time to do.  But with money tight, you wanna make sure you’re getting the most out of your fix-it budget.  Remodeling Magazine offers a few suggestions where you SHOULDN’T put your money:

Home office remodel

Nationally, homeowners spent an average of $28,888 and can expect to recoup about 45.8 percent at resale, according to the report.

Sunroom addition

Real estate agents will tell you that potential buyers want square footage, pristine condition and lots of light. So a brand-new room that has the word “sun” in it, it has to be great for resale value, right?

Upscale master suite addition

Who doesn’t want to wake up in a five-star-hotel-quality suite with an attached spa bathroom? Once you see the price tag, it won’t just be the coffee keeping you up at night. Sellers can expect to recover about 52.7 percent at resale.


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