Whenever you sink money into improving a home, there’s an opportunity cost. Spend $20,000 on a bathroom remodel, and that’s $20,000 you won’t have available for another project. As such, it’s important that you understand which home renovations offer the best return on investment. This holds true whether you’re flipping houses for a living or are trying to improve the property you live in to sell eventually. With that in mind, here’s a list of the home improvements with the best return on investment per Remodeling Magazine’s 2020 Cost vs. Value report.

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