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Remodeling magazine annually compiles a list of remodeling projects and a cost versus value analysis of each. If you are looking for the best return on your remodeling dollar, this information can help guide your decision-making process.
If you will be selling your home in the next several years, why not remodel now and (1) enjoy the changes, (2) increase the value of your home, (3) make your home more competitive in a tough market environment.
Times have drastically changed. Buyers now want homes to be move-in ready condition. Dated kitchens and bathrooms are big detractors.
Of course, if you need someone to complete a project for you, we would like to help.
The following is a sample of projects and their returns:
Minor Kitchen Remodel: $19,190 cost - 80% return
Wood Window Replacement: $11,730 cost - 77% return
Bathroom Remodel: $16,176 cost - 62% return
The data can be found at Remodeling's Cost vs. Value web page.