Guides / Big projects
Will a renovation pay for itself?
Most projects don't recover their full cost at sale.
It's common to hear that a project "adds value". Industry surveys consistently find that most renovations recover only part of their cost when the home sells.
Better reasons to renovate
- You'll enjoy it for years
- It fixes a real problem (leaks, safety, accessibility)
- It lowers running costs (insulation, efficient equipment)
Planning to sell soon?
Repairs, fresh paint and curb appeal often matter more to buyers than big remodels.
General educational information. Costs vary by home and location. Better Home Budget isn't paid by any lender, insurer or contractor.