Getting The Most Bang For Your Buck!
Remodeling is a better investment in some years than others. This year has been among the worst if you’re hoping to recoup much money when you sell. Homeowners are getting back just 64%, on average, of a project’s cost, compared with 87% in 2005, according to Remodeling Magazine’s 2009-2010 Cost vs. Value report.
Some projects pay back better than others. You get more bang for the buck putting money into a basement or attic upgrade than adding a wing to the house. Some of the highest-return projects include a deck addition and quick, conservatively priced replacements of old siding, entry door or windows.
| Job Cost | Resale Value | Cost Recouped | Project | Job Cost | Resale Value | Cost Recouped | |
| $49,476 | $37,992 | 76.8% | Attic Bedroom | $49,346 | $40,992 | 83.1% | |
| $62,070 | $40,447 | 65.2% | Basement Remodel | $62,067 | $46,825 | 75.4% |