Clients always ask me what the best way to get the most money out of their renovation dollars. I saw an article today in Realtor.com magazine that I thought would be very helpful to pass along to my clients. It talks about the cost vs. value on your remodeling dollars. The top 5 projects on a “mid range” budget in the Raleigh, NC area that recoup the most money at the time of resale are as follows, Entry Door Replacement (steel)…cost recouped 135.5%, Garage Door Replacement…cost recouped 91.6%, Basement Remodel…cost recouped 79.4%, Wood Deck Addition…cost recouped 77.3%, and Vinyl Window Replacement, cost recouped 77.3%.
Source “Cost vs. Value: Help Clients Stretch Their Remodeling Dollars” by G. M Filisko, REALTOR Magazine Jan 2011
“Remodeling-Cost vs. Value Report 2010-2011″, Hanley Wood Remodeling Magazine