Here is a short list of improvement values that I gathered off the internet last year.  In each case, you can see how many different records I averaged as well as the approximate recoupable percentage of each improvement.  This may be helpful to those selling their home as well as to agents who need to advise their clients as to which improvements may be worth the time.  As NONE of the items are 100% recoupable, a good paint job and clean carpet seem to be the only worthwhile activities.  :)

Home Improvement Item

# of Records Averaged

Recoupable %

Bathroom Addition

  

9

  

87%

Minor Kitchen Remodel

  

10

  

  

86%

  

Attic Bedroom Conversion

  

7

  

85%

Major Kitchen Remodel

  

11

  

82%

Two-Story Addition

  

5

  

80%

Home Office Conversion

  

4

  

79%

Master Suite Addition

  

9

  

79%

Bathroom Remodel

  

11

  

74%

Siding Replacement

  

9

  

73%

Family Room Addition

  

9

  

71%

Window Replacement

  

9

  

66%

Deck Addition

  

10

  

64%

 

1 Comments on HOME IMPROVEMENT RESALE VALUE

OCT
29
2007
Painting always does a world of good.  People like brand new and many people can't visulize what something could look like cleaned up.
9:45pm • #1

Very good point!  Thanks Heather!

10:05pm • #2

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Aaron Reno

Santa Clarita, CA

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