Assessing the Resale Value of Your Renovations
By Lee Wallender, About.com, accessed February 7, 2009
It's closing day, congratulations. Break open a bottle of champagne and enjoy. Ready to renovate? Before you pound that first nail, always look ahead to your home's resale value. Certain modifications give better resale value than others.
High Resale Value
Siding Replacement - Upscale
Bathroom Remodel - Mid-Range
Minor Kitchen Remodel - Mid-Range
Siding Replacement - Mid-Range
Two-Story Addition - Mid-Range
Attic Bedroom - Mid-Range
Bathroom Remodel - Upscale
Major Kitchen Remodel - Mid-Range
Moderate Resale Value
Deck - Mid-Range
Basement Remodel - Mid-Range
Window Replacement - Mid-Range
Window Replacement - Upscale
Bathroom Addition - Mid-Range
Roofing Replacement - Upscale
Bathroom Addition - Upscale
Major Kitchen Remodel - Upscale
Roofing Replacement - Mid-Range
Family Room - Mid-Range
Low Re-sale value
Master Suite - Mid-Range
Master Suite - Upscale
Sunroom - Mid-Range
Home Office Remodel - Mid-Range
Check out REMODELING Online's excellent annual cost vs. value report for more info.
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