(CNBC) — How booming is the home improvement market? It's so popular that homeowners are expected to spend nearly $325 billion dollars on remodeling and repairs this year, according to Harvard's Joint Center for Housing Studies.
Usually you decide to remodel or renovate your home when you're ready to upgrade worn-out areas, want to add new feature, or simply because you're ready for a change. But like any good investment, you should get a return on the money you're spending.
The National Association of Realtors and the National Association of the Remolding Industry recently came out with the "Remodeling Impact Report," which surveyed contractors and Realtors, looked at cost spent and the impact on home values by project.
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