Are you thinking about selling
your home, or do you just want to spruce things up and don’t know where to
start? If you’re working within a strict budget, the thought of remodeling your
home can be daunting. It’s best to assess your needs and also
educate yourself on current market trends before you get started.
The 2015 Remodeling Cost vs. Value Report, produced by Remodeling
magazine in cooperation with the National Association of REALTORS®, reports
that large-scale jobs aren’t likely to return sellers their full cost. Instead,
smaller replacement jobs tend to generate a higher return than remodeling
projects. The report uncovers that replacement projects showed an average
return of 73.2 percent, while the cost-value ratio of remodeling projects
showed an average rate of return of 60.8 percent.
Arming yourself with information like this is key before you invest
in making improvements. Here are the five mid-range projects that are most
likely to recoup the cost of investment.
→Entry door replacement –
101.8%
→Manufactured Stone Veneer – 92.2%→Garage Door Replacement – 88.4%
→Siding Replacement Vinyl – 80.7%
→Deck Addition Wood – 80.5%
Cynthia Schmier, Broker/Owner
CRS, CDPE, CNE, CIAS, MDI, 5-STAR, SRS
RE/MAX Country
Cynthia@Cynthia-Online.comCRS, CDPE, CNE, CIAS, MDI, 5-STAR, SRS
RE/MAX Country
(360) 400-3475
www.cynthia-online.com