Hardwood Pays Off & Increases "Joy"
Posted On
June 22, 2022
The 2022 Remodeling Impact Report shows that hardwood projects had the highest payoff. Refinishing hardwood floors and installing new wood flooring provided a return on investment of 147% and 118%, respectively. Homeowners who invest in hardwoods and conversions of basements into living areas are most likely to more than recover costs when selling.
Resource:
NARI: NAR & NARI's 2022 Remodeling Impact Report
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