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Updated almost 9 years ago on . Most recent reply

Jeff Libby's profile image
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Jeff Libby
  • Investor
  • from Arvada, Colorado
  • Member since Jul 3, 2014
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Jeff Libby's profile image
Jeff Libby's profile image
Jeff Libby
  • Investor
  • from Arvada, Colorado
  • Member since Jul 3, 2014
Connect
Jeff Libby
  • Investor
  • Arvada, CO
12
Votes |
52
Posts
Real Estate Deal Analysis & Advice

Why renovate if the roi is less than 100%

Jeff Libby
  • Investor
  • Arvada, CO
Posted

I see websites that show the roi is less than 100% for renovations and don't understand why people renovate besides to live in a nicer house.  I would think theres a financial gain to be had but what I read says otherwise. Can someone explain this to me please?

An example is in this article here

 http://www.thisoldhouse.com/toh/m/article/0,,40804...

Thanks in advance for your help

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