A recent statistic from Harvard’s Joint Center for Housing Studies certifies that spending by Americans to renovate their homes will have a significant increase in 2021. That’s not to say that homeowners have been able to find ways to recoup larger amounts for renovation projects: it’s estimated that nationally they can recoup about 66.5 percent, down from 2019.
The value of your home is important when you are buying it, refinancing it, or selling it. The rest of the time it may be of interest but it’s not especially relevant to your life. Of course, knowing your home value can help to ensure you get the best possible deal on home insurance and other financial expenses.
Is it possible to increase the value of your home beyond standard capital appreciation? Sure! Here are a few, but simple tips to give your home’s value a boost!