The 2013 Cost vs. Value Report, co-published by
Remodeling Magazine and Realtor Magazine, shows that “curb appeal” improvements
are catching buyers’ eye more than anything else these days. In fact, the project with the highest return
on investment will actually cost you the least- simply replace your front
door!
Other chart topping improvements include window
replacement, wood-deck additions, and garage door replacement. If you’re prepared to spend more money,
consider doing a kitchen upgrade or replacing your home’s siding with
fiber-cement or foam-backed vinyl. You
may want to steer clear of home office remodels and garage additions that will
only recoup about 40-47% of their cost.
(Source:
Remodeling Magazine)
If you’re curious about your home improvement options
and the local professionals best suited for the job, you may want to stop by
the Midland Home & Garden Show March 1-3 at Northwood University’s Hach
Student Activity Center. Hours are
Friday 4-8pm, Saturday 9am-6pm, and Sunday 11am-4pm. Tickets are $4 for adults and $3 for seniors,
kids 17 and under are free.
For more information about the cost vs. value
of home improvement projects in your region, visit Remodeling or REALTOR Mag.
Have you experienced a gap in improvement project cost and value? leave a comment and tell us about it!
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