I put a lot of extra renovations and money into my home. Shouldn’t my sales price reflect all of that?

Not all renovations increase the asking price by the amount of money you put into the home. While repairing a damaged floor or putting on a fresh coat of paint can bring a 200 percent return on the cost, a big ticket item like adding a bathroom on average is break even in terms of increasing the price compared to the money you spent. A major kitchen renovation can increase the price by 70 percent of the cost, though a minor kitchen renovation can achieve a 79 percent return. New windows and doors typically realize only a 55 percent return. All of that can be affected by market conditions. If you want to do a major renovation, do it for your comfort if you plan to stay in your home for a while. If you want to do something to increase the sales price of your home, grab some paint.