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Remodeling a Home: Cost vs Value
When remodeling a home, what is the cost vs value? Remodeling a home can certainly add value, however, not all projects are created equal and some will yield a much higher return than others. According to the recent Remodeling 2015 Cost vs. Value Report (www.costvsvalue.com), there are a few projects worth considering based on the amount of return on investment upon resale.
One of the best things to do is to replace your windows because your cost recouped will be over 100% when you go to sell! Replacing windows in a home will average between $10,000-$12,000, but it is well worth the cost when the value added is even more than the investment! Buyers love to walk into a home that has brand new windows because it not only improves energy efficiency, which is very important to Phoenix home buyers, but oftentimes replacing windows will also update the look of the home.
Replacing your entry door with an iron/steel door will not only add huge amounts of curb appeal, but it will also add a lot of value! This is a lower cost project with an average expense of around $1100, depending on the size of the door, however, the cost vs value is over 88%. ... more

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