Remodeling Cost vs. Value
Friday, April 8, 2011
According to a recent article in "The Residential Specialist", the top home improvement projects that gave the highest return on investment in 2010 were: entry door replacement, garage door replacement, siding, wood deck addition, minor kitchen remodel, window replacement, attic bedroom remodel, and basement remodel. (March/April 2011) Eight of these ten items were exterior replacement projects, which "generally perform better because they are among the least expensive projects to complete and are nondiscretionary improvements that contribute to curb appeal, a strong subjective factor among homebuyers" the article explained. Two home improvements projects that recouped the least were home office remodels and sunroom additions.
