Thursday, October 23, 2014

What is The Resale Value of My Home Remodeling Project This Year?

Are you wondering what the resale value of your Home Remodeling Project is? Here are some of the surprising winners in the Remodeling 2014 Cost vs. Value Report,, for the Metro Atlanta Area for mid-range homes.
At number one is the replacement of the Entry Door with a steel unit--a whooping 141.8% in resale value. Replacing your Entry Door with fiberglass unit will recoup you 99.0%, which ranks number three on the project type list.
In second place at 116.8% resale value is the addition of a Wood Deck.
The replacement of your Garage Door ranks fourth with recouped cost of 94.0%.
For all of you curious about the resale value of kitchens, here are the numbers: a major Kitchen Remodel returns 74.9 cents on the dollar and a minor Kitchen Remodel 64.7l.
Interesting Fact: Due to the changing weather patterns, installing a Backup Power Generator will recoup your cost at 84.8%.
And don't forget--a good view is priceless.

If you have a project in mind and would like to know what to expect in resale value, or are interested in how the numbers stack up for upscale homes, please give me a call or email me.