Housing Market January 7, 2016

2016 Cost vs Value

The stats are out on the best and worst areas to spend money when remodeling. Here are a few of the hightlights. Let me know if you would like more detailed information on worthwhile remodels and/or would like referrals to excellent contractors in the trades.

Top return on remodels: 

  • minor kitchen remodel = 111% return
  • stone veneer = 105%
  • Upscale garage door replacement (think wood veneer) – 94%
  • Attic insulation = 94%

Worst return on investment:

  • Upscale master suite addition = 61%
  • Composite deck = 62%
  • Vinyl siding = 62%
  • Permenantly installed backup generator system = 62%