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Where Do You Get the Best Bang for Your Buck in Home Improvements?

February 16, 2011
22-ounce wooden-handled framing hammer with mi...

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Ever wonder how much money is too much money to spend on a remodel in your house?  Should we re-do the kitchen, or get new siding; should we add a deck or remodel the master bath?  With so many of us deciding to stay put for a while, it may be well worth it to make some changes you can enjoy while you are waiting for the market to re-bound.  Remodeling Magazine has taken all of the guesswork out of your decisions with the recent release of their  “Remodeling 2010-11 Cost vs. Value Report”. Find projects like:

  • Entry Door Replacement: :Cost $1,218:Resale value $1,243:Cost recouped 102.1%
  • Garage Door Replacement: Cost $1,291;Resale value $1,083;Cost recouped 83.9%
  • Siding Replacement (Fiber Cement):  Cost $13,382;Resale value $10,707;Cost recouped 80.0%
  • Minor Kitchen Remodel: Cost $21,695;Resale value $15,790;Cost recouped 72.8%
  • Deck Addition:Cost $10,973;Resale value $7,986;Cost recouped 72.8%

For more detail on these projects and others like it, complete data from the Remodeling 2010-11 Cost vs. Value Report can be downloaded for free at www.costvsvalue.com

Copyright 2010 Hanley Wood LLC Reprinted by permission“”

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