Remodeling Return on Investment

January 14th, 2009
Written by Suellyn Godino
Categories: Sellers Only

The link below is to the cost vs value, 2008-2009 report website of Remodeling magazine. You will never truly recoup your home improvement return on investment at 100 percent. However, there are certain upgrades and remodeling projects which hold value longer, attract a buyer’s eye more quickly and, most importantly, add a sense of pride and pleasure while you continue to live in the home. Below are some highlights of the report. Don’t hesitate to call me if you have any questions.

Improvement	Project Cost	Value at Resale	Rate of Return
Bathroom Remodel	$12,918	$10,970	84.9 percent
Home Office	$20,057	$12,707	63.4 percent
Kitchen Remodel (minor)	$17,928	$15,278	85.2 percent
Kitchen Remodel (major)	$54,241	$43,630	80.4 percent
Roofing	$14,276	$10,553	73.9 percent
Sunroom Addition	$49,551	$32,854	66.3 percent
Window Replacement (vinyl)	$10,160	$8,500	83.7 percent

http://www.remodeling.hw.net/2008/costvsvalue/division/mountain.aspx

This entry was posted on Wednesday, January 14th, 2009 at 4:35 pm and is filed under Sellers Only. You can leave a response, or trackback from your own site.