Every year, remodelers and real estate agents are surveyed to determine the cost of making improvements to your home versus the dollar amount it adds to the value of your home.
I am sharing the stats based on the national average, and here’s the link if you’d like to check it out yourself.
Remodel Job Mid-Range Cost Resale Value
Bathroom Remodel $20,420 $13,717
Bathroom Addition $47,427 $28,726
Wood Deck $13,333 $10,083
Entry Door Replacement $ 1,876 $ 1,368
Garage Door Replacement $ 3,611 $ 3,520
Major Kitchen Remodel $66,196 $41,133
Minor Kitchen Remodel $22,507 $18,123
Asphalt Roof Replacement $22,636 $15,427
Siding Replacement $16,036 $12,119
Vinyl Window Replacement $16,802 $12,332
Backyard Patio Addition $56,906 $31,430
So, if you are thinking of remodeling, contact me because we may be able to use the equity in your home to help you spruce it up.