Wednesday, December 2, 2009

Home Improvements Cost vs. Value

Thinking of remodeling? Adding on? When planning projects, many homeowners look at the possibility of recouping the cost down the road when they sell the home. A recent study ranked improvements and found the most cost recouped in these top four improvements:

1. Vinyl siding replacement
2. Deck addition (wood; also one of the least expensive)
3. Minor kitchen remodel
4. Window replacement (vinyl or wood)

The projects that recouped the least amount of the cost are:

1. Home office remodel
2. Sunroom addition
3. Installation of a backup power generator
4. Bathroom addition

For more information, read the article on Remodeling Magazine's survey of cost vs. value.

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