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%