5 Remodeling Projects with the Lowest Paybacks at Resale

By
Real Estate Agent with RE/MAX Professionals 253.225.8322

Sandy Wagner Realtor Gig Harbor

If you want to get the biggest bang for your remodeling buck, replace the entry door to steel, according to the 2014 Cost vs. Value Report, produced by Remodeling Magazine in conjunction with REALTOR® Magazine. The entry door may cost about $1,162 but home owners could potentially recoup 96.6 percent of that at resale, according to the report.

However, not all remodeling projects offer big paybacks at resale. Remodeling Magazine evaluated 35 of the most popular remodeling projects and the potential payback throughout 101 U.S. cities.

While all remodeling projects may be nice to have, home owners may not want to expect as big as of returns from their remodeling dollars with the following:

1. Home office remodel

Estimated job cost: $28,000

Estimated cost recouped at resale: 48.9%

2. Sunroom addition

Estimated job cost: $73,546

Estimated cost recouped at resale: 51.7%

3. Bathroom addition

Estimated job cost: $38,186

Estimated cost recouped at resale: 60.1%

4. Backup power generator

Estimated job cost: $11,742

Estimated cost recouped at resale: 67.5%

5. Master suite addition

Estimated job cost: $103,844

 

Estimated cost recouped at resale: 67.5%

Sandy Wagner

Short Sale Specialist in Tacoma, WA and Gig Harbor, WA

Helping people find a way out of foreclosure

253.225.8322

 

www.sandywagnerhomes.com

Comments (2)

John Marshall - FORE!
LoKation Real Estate - Cherry Hills Village, CO
Specializing in Golf Course Properties

Sandy -  if the plan is to stay in the house a long time then, perhaps these make sense, but not smart if the plan is to sell soon.

Nice list.

Sep 20, 2014 06:28 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Sandy - These are detailed list of information on five remodeling projects with the lowest payback at resale.

Sep 20, 2014 10:44 AM