Curb Appeal Matters Most
December 3rd, 2008 by Allison JordanWhen deciding which remodeling projects will get you the most bang for your buck and attract potential homebuyers, opt for the outside. According to the 2008 Remodeling Cost vs. Value Report, exterior remodeling projects return the most money as a percentage of cost.
On a national level, wood deck additions and all types of siding replacements returned more than 80 percent of costs upon resale. Window replacements also return a high percentage of remodeling costs.
Here is a breakdown of the percentage of project costs returned for major remodeling efforts:
Wood Decks – 81.8%
Siding Replacement – more than 80%
Window Replacements – more than 76%
Kitchens – 76%
Bathrooms – 74.4%
Attic-to-Bedroom Conversion – 73.6%
Basement Remodel – 72.7%
Back-Up Power Generators – 57.1%
Sunroom Additions – 56.6%
Home Office Remodels - 54.4%
Of course, the resale value depends on a variety of factors. Before you begin any remodeling project, whether it’s just a spruce-up or a major remodel, talk to local real estate agents and contractors to determine what is attracting homebuyers. The most important factor is to make sure the home is up to the standard of others in the neighborhood.
December 3rd, 2008 at 2:55 pm
[...] unknown wrote an interesting post today onEstate of Things » Blog Archive » Curb Appeal Matters MostHere’s a quick excerptBefore you begin any remodeling project, whether it’s just a spruce-up or a major remodel, talk to local real estate agents and contractors to determine what is attracting home buyers. The most important factor is to make sure the home … [...]
December 3rd, 2008 at 8:52 pm
[...] unknown wrote an interesting post today onEstate of Things » Blog Archive » Curb Appeal Matters MostHere’s a quick excerptOf course, the resale value depends on a variety of factors. Before you begin any remodeling project, whether it’s just a spruce-up or a major remodel, talk to local real estate agents and contractors to determine what is attracting … [...]
December 6th, 2008 at 7:09 am
It is interesting that none of the remodeling projects return more than what it cost to do them. Therefore if you are going to sell the house soon it is best to just do “fixing” rather than “improving”. Is that correct?
December 8th, 2008 at 7:30 am
Not necessarily. With so many homes on the market, it’s essential that yours stand out from the rest. In some cases, that may require improvements.
January 20th, 2009 at 4:15 am
It is really important that your home will stand out from the rest. DixieHomeCrafters will take care of all the home improvement.