In order to get top dollar for your home, it’s got to be in tiptop shape. That’s why most sellers begin home improvement projects before listing their home. New roof, new flooring, new kitchen, etc. The list can go on and on but the fact is, there are some projects that have a terrible return on investment (ROI) that all home sellers should avoid.
The 2016 Cost Vs. Value report breaks down common home improvement projects to show job costs, resale value and percentage of costs recouped. We took a look at the Los Angeles area specific report to get the best idea of what projects are a bad idea for Southern California sellers in particular.
Project: Upscale Deck Addition (composite)
Job Cost: 45,351
Cost Recouped: 59.2%
Composite decking is…