Return on investment (ROI) for home renovation is a measure of how much value a renovation project adds to your home compared to the cost of the project. ROI is an essential factor to consider when planning a home renovation project because it helps homeowners understand how much they can expect to recoup from their investment. By focusing on renovation projects that have a high ROI, homeowners can make strategic choices that not only improve their living space but also increase the value of their home.
*Remember, these figures can vary depending on your location, the materials used, and the quality of the workmanship, among other factors. It's always best to consult with a professional before starting any renovation project.