Every year Remodeling Magazine does a study of which remodeling projects return the highest value for the dollars invested. Itâ€™s called the Cost vs. Value Report. They ranked the remodeling projects that returned the biggest impact upon sale of the house. Here are the top ten in the Tri-state area.
Job Cost Resale Value Cost Recouped Project
$1,248 $1,217 97.50% Entry Door Replacement (steel)
$10,980 $8,920 81.20% Siding Replacement (vinyl)
$11,909 $9,007 75.65% Window Replacement (vinyl or wood)
$53,780 $39,292 73.10% Attic Bedroom
$22,130 $15,973 72.20% Minor Kitchen Remodel
$11,260 $7,917 70.30% Deck Addition (wood)
$17,383 $11,817 68.00% Bathroom Remodel
$59,905 $39,860 66.50% Major Kitchen Remodel
$15,890 $10,404 65.50% Deck Addition (composite)
$22,292 $14,508 65.10% Roofing Replacement
If you would like a free home analysis of ten low cost projects you can do, to increase the value of your homeâ€¦AskRey.
Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville