After two years of feeding our machine-learning algorithm tons of home sales and construction permit data for New York, Kukun’s ROI algorithm determined the projects with the best ROI and those with the lowest ROI.
The foyer and entry hallways are HOT. People love them when they buy homes. Open spaces are desirable as they give a strong sense of modernity and openness. Renovation projects like adding a guest house or creating a great room also make a lot of sense if you want to add more value to your home. So here’s to you, New York – now tear down those walls, upgrade your home and add those extra rooms.
The infographic below shows the latest results from this year, and please note that we will continue to feed our algorithm more permit and home sales data. We are already looking to next year’s report! Meanwhile, New York, it’s time to take out some walls and create a grand space.