Remodeling Project Offer Homeowners Value?

imgresWhich remodeling projects adds value to your home? With many factors to consider such as cost and time, deciding what remodeling projects to undertake can be a difficult decision for homeowners. A home’s curb appeal is always critical since it’s the first impression for potential buyers.”

Replacing old elements, such as doors and windows offers a huge return on investments.

They offer the largest return because a potential home sale can be made or broken on the exterior alone, real estate agents say.  Here are a few ideas when contemplating which remodeling projects add value to your home.

  • Replacing old elements, such as doors, windows and siding, in general yielded a better financial return than bigger remodeling projects, such as additions.
  • But real estate agents and remodelers say updated kitchens and baths still bring a significant payoff, especially at resale time.
  • The report found that kitchen projects yielded a higher return than bath projects, with a minor kitchen remodel adding 82.7 percent of the project’s cost back to the home’s value. Kitchens are important, Aaron says, because would-be buyers often overestimate how much they would cost to update.
  • According to the  National Association of Realtors President Steve Brown, co-owner of Irongate, Inc. Realtors in Dayton, Ohio. “Realtors know what home features are important to buyers in their area, but a home’s curb appeal is always critical since it’s the first impression for potential buyers.”

Which Remodeling Projects Add Value – Alpharetta, Ga

A steel entry door replacement was deemed the project expected to have the biggest return on investment, with an estimated 96.6 percent of costs recouped upon resale. This particular remodel project is consistently the least expensive in the annual Cost vs. Value Report, at around $1,100 on average.

1. Replace Your Front Door: 97% ROI

2. Add a Deck or Patio: 87% ROI

3. Add Space/Attic Bedroom: 84% ROI

4. Replace Your Garage Door: 83% ROI

5. Remodel Your Kitchen: 82% ROI on a minor remodel; 74% ROI on a major remodel

6. Replace Your Windows: 79% ROI

7. Replace Your Siding: 78% ROI for replace vinyl siding; 87% ROI to replace siding with a fiber-cement mix

8. Basement Remodel: 78% ROI

9. Update Your Bathroom: 73% ROI

10. Two-Story Addition: 72% ROI

See more about the top 10 home improvement projects to tackle this year, or visit NAR’s consumer website. These sites are very helpful when mentioning which remodeling projects add value to your home.

Click on this link for further details cost vs. value.

Call Jeff today for more information on replacing windows in alpharetta, GA.  770-318-8514