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As many Americans choose to stay in their mortgaged homes with a low rate instead of moving and taking out a mortgage at today’s rates, more and more are choosing home renovations to modify and update their living spaces to meet their changing needs.
According to home improvement expert Danny Lipford with Today’s Home owner —who recently released a new study on the average return on investment (ROI) covering 34 different types of home renovations—most homeowners commonly cite higher property values as another reason for complete upgrades. But according to the study, few projects are realistically viable for achieving a