Specialists in Custom Home Remodeling
615.430.7771

 
 

There are many factors to consider when making the decision to give your house a face-lift.

  • Will that minor bathroom remodel be a good investment?
  • Should you spend the extra money to fix up the kitchen?
  • What about a siding upgrade?

In a nutshell, ROI – return on investment – is how much money you could recoup when you sell. More often than not, sellers can get back a substantial percentage of their outlay for a variety of well-executed improvements if they keep the market in mind.

According to the Cost vs. Value Report (by Remodeling magazine and REALTOR® Magazine), adding a wood deck or screened-in porch is the least expensive, but most lucrative, way to increase the selling price for many homes. Also, a mid-range bathroom remodel is one of the more popular home improvements – where homeowners recoup 78% of their investment. A "minor" kitchen remodel (about $20K) is also a good investment – the national average is 83%.

Top Ten Best Midrange Projects

Project 
Cost
ROI
Wood Deck Addition $10,347 85.40%
Siding Replacement $9,910 83.20%
Minor Kitchen Remodel $21,185 83%
Window Replacement $10,750
80% avg
Bathroom Remodel $15,789 78.30%
Major Kitchen Remodel $55,503 78.10%
Attic Bedroom Remodel  $46,691 76.60%
Basement Remodel  $59,435 75.10%
Two-Story Addition $139,297 73.90%
Garage Addition  $53,897 69.50%

 

         
 
Copyright © 2010 Cutting Edge construction, inc.
All Rights Reserved.