Optimizing the use of space in a home will not only attract buyers but also give sellers more bang for their buck, according to Remodeling’s “2011–12 Cost vs. Value Report,” conducted in cooperation with REALTOR® Magazine
Top 6 Returns
Siding Replacement (upscale) - fiber-cement Job Cost: $13,461 Resale Value: $10,493 Cost Recouped: 78%
Entry Door Replacement - steel Job Cost: $1,238 Resale Value: $903 Cost Recouped: 73%
Attic Bedroom Addition Job Cost: $50,148 Resale Value: $36,346 Cost Recouped: 72.5%
Kitchen: Minor Remodel Job Cost: $19,588 Resale Value: $14,120 Cost Recouped: 72.1%
Garage Door Replacement Job Cost: $1,512 Resale Value: $1,087 Cost Recouped: 71.9%
Garage Door Replacement (upscale) Job Cost: $2,994 Resale Value: $2,129 Cost Recouped: 71.1%
These are just a few of the best suggested investments when preparing to sell your home based on national averages. If you want more specifics based on the trends in your community for your homes resale value improvement feel free to give me a call for a free evaluation!
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