Remodeling? Here's the Best Bang for Your Buck.

REALTOR Magazine® has published it's annual Remodeling Cost vs. Value Report, and it has some great news! Realtors indicate that nationwide, small-scale exterior projects are the most profitable at resale! Talk about bang for your buck!· On a national level, eight out of the top 10 projects in terms of costs recouped were exterior replacement projects that cost less than $14,000.
Here are some highlights:

· Certain types of door and siding replacements, as well as wood deck additions all returned more than 80% of project costs upon resale.

· On a national level, the project with the biggest improvement from 2008 was the attic bedroom addition, recouping 83.1% of remodeling costs compared to 73.8% in 2008. The only other interior project that landed in the top 10 was a minor kitchen remodel with 78.3% costs recouped.

· Similar to last year's report, the least profitable remodeling projects in terms of resale value were home office remodels and sunroom additions, returning only 48.1%and 50.7% of project costs.

For a complete report with all of the remodels that were looked at, give me a call or shoot me an email.