Save yourself from the labor of home improvement projects this Labor Day. It probably won’t be worth the effort anyway. Despite what home improvement stores are selling, and the number of makeovers DIY shows reveal, a lot of those home project “investments” just don’t pan out. Master suite remodels only recoup 56 percent of the money invested. Luxury baths? Only a 61 percent return. You’d do better to purchase an entry door, get your 97 percent return for that, and look for a new place. There are plenty available. According to the U.S. Census, existing homes for purchase or to build are up.
Read the full article here: Labor Day Labor On Home Improvements: What Won’t Raise Your Resale Value
