
Some remodeling projects not only add to the home's value, but they give prospective buyers more incentives to buy in the first place, particularly in a competitive market such as this one.
Many buyers judge a house by its exterior. So it's little surprise that among the home improvement projects most appreciated by buyers are midrange wood deck additions and siding replacements, according to Remodeling magazine's 2008-2009 Cost vs. Value Report, which looks at the return of investment for various remodeling projects. Owners who put decks on their homes recouped 81.8 percent of their money, and siding replacement projects gave homeowners 80.7 percent of a return on investment.
How to get your home to stand out from the crowd?
Top 5 midrange renovations by return on investment
Project Job cost Resale value Cost recouped
Deck addition (wood) $10,601 $8,676 81.8%
Siding replacement (vinyl) $10,256 $8,274 80.7%
Minor kitchen remodel $21,246 $16,881 79.5%
Window replacement (wood) $11,512 $8,946 77.7%
Window replacement (vinyl) $10,537 $8,132 77.2%
For more information on how to get your home sold in today's market, give us a call
919-280-4567 Pat
Source: Remodeling magazine's Cost vs. Value Report 2008-09
Source: Remodeling magazine's Cost vs. Value Report 2008-09








