Thursday, August 21, 2014

Before You Remodel Read This!

Thinking about remodeling your home? Before you do, find out which remodels add the most value to your home!

If you are looking for the top ten mid range remodeling projects ranked by the percentage of dollars returned, then you are in luck! I’ve just happened to compile a list from Remodeling magazine’s 2014 Cost vs. Value Report and have listed them below:

1. Entry Door Replacement (steel)

Job Cost: $1,162                                      
Resale Value: $1,122                                          
Cost Recouped: 96.6%


2. Deck Addition (wood)

Job Cost: $9,539
Resale Value: $8,334
Cost Recouped: 87.4%


3. Attic Bedroom

Job Cost: $49,438
Resale Value: $41,656
Cost Recouped: 84.3%


4. Garage Door Replacement

Job Cost: $1,534
Resale Value: $1,283
Cost Recouped: 83.7%


5. Minor Kitchen Remodel

Job Cost: $18,856
Resale Value: $15,585
Cost Recouped: 82.7%


6. Window Replacement (wood)

Job Cost: $10,926
Resale Value: $8,662
Cost Recouped: 79.3%



7. Window Replacement (vinyl)

Job Cost: $9,978
Resale Value: $7,857
Cost Recouped: 78.7%


8. Siding Replacement (vinyl)

Job Cost: $11,475
Resale Value: $8,975
Cost Recouped: 78.2%
9. Basement Remodel
Job Cost: $62,834
Resale Value: $48,777
Cost Recouped: 77.6%
10. Deck Addition (composite)
Job Cost: $15,437
Resale Value: $11,476
Cost Recouped: 74.3%







Remodeling Magazine's 2014 Cost vs. Value Report, Copyright 2014 by Hanley Wood, LLC. Republication or re-dissemination of the Report is expressly prohibited without written permission of Hanley Wood LLC. "Cost vs. Value" is a registered trademark of Hanley Wood, LLC.








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