The article discusses how the housing market has favored homeowners, providing them with substantial equity. It explores smart ways to utilize this newfound equity to increase the value of one’s home, focusing on investments, renovations, and refinancing options.
As of June 2023, the housing market has allowed the average homeowner to accumulate $200,000 in equity, presenting an opportunity to enhance the value of their homes. Renowned real estate experts recommend strategies that cater to immediate satisfaction and long-term value appreciation, making them astute choices for homeowners looking to make the most of their equity.
Rod Khleif offers valuable insights into the article by emphasizing the importance of high ROI upgrades. He recommends focusing on areas like kitchens and bathrooms for renovations, which are known to boost a home’s value significantly. You can read the full article here.