Remodeling Your Home
According to Remodeling magazine, certain high-end home-improvement projects have a better payoff when it comes time to sell, as shown in the 2013 table below.
Amount Recouped When Home Is Sold [2013]
|
Project |
Cost |
Resale Value |
|
New Siding (fiber-cement) |
$13,100 |
79% |
|
New Garage Door |
$2,700 |
75% |
|
New Windows (vinyl) |
$13,100 |
71% |
|
Deck Addition (composite) |
$34,400 |
60% |
|
Major Kitchen Remodel |
$107,400 |
60% |
|
Bedroom Remodel |
$50,000 |
58% |
|
Roofing Replacement |
$33,900 |
57% |
|
Garage Addition |
$80,500 |
55% |
|
Master-Suite Addition |
$220,100 |
52% |