Whether you are renovating to make your home more comfortable or to increase it’s value, here are the top 10 remodeling projects that provide the best return on investment:
Project: | Cost Recouped | Average Job Cost | Resale Value | |
1 | Add fiberglass attic insulation | 107.70% | $ 1,343 | $ 1,446 |
2 | Replace your entry door with a steel door | 90.70% | $ 1,413 | $ 1,282 |
3 | Install a manufactured stone veneer (instead of vinyl siding) | 89.40% | $ 7,851 | $ 7,019 |
4 | Complete a minor kitchen renovation: reface cabinets, new hardware, new energy efficient applicances, laminate counters, floor replacement and new paint | 80.20% | $ 20,830 | $ 16,699 |
5 | Replace garage door | 76.90% | $ 1,749 | $ 1,345 |
6 | Replace siding | 76.40% | $ 14,518 | $ 11,093 |
7 | Add a wood deck (with built in bench and planter) | 71.50% | $ 10,707 | $ 7,652 |
8 | Add a two story addition (estimate includes family room, bedroom and bath addition) | 71/1% | $ 176,108 | $ 125,222 |
9 | Finish the basement (including bar and bathroom) | 70% | $ 71,115 | $ 49,768 |
10 | Add a family room | 69.30% | $ 89,566 | $ 62,055 |