Payback Time-Recoup your investment

Remodeling has become an American pasttime. As we all know it's expensive and we may never recoup the $$'s spent. But sometimes it's worth it.

The best remodels not only enhance your present lifestlye but are good investments for later, when and if you decide to sell.

Projects that most increase a home's value are kitchens and baths. Finished basements help sell houses faster. Sunrooms, porches and decks enhance resale and will almost pay for themselves in a resale if the work is done well.
Re-painting is the best profit to selling an older home if it has worn exterior and the painting is done immediately prior to puting house on market.

Remodeling Magazine National Survey:
Estimate on $$'s returned to homeowner if house was sold in a year.

PROJECT - COST - RETURN
Major Kitchen - $29,846 - 94%
Siding Replaced - $5,604 - 94%
Attic Bedroom - $27,508 - 93%
Minor Kitchen - $14,858 - 83%
Bathrooms - $9,621 - 74%
Window Replaced - $7,230 - 72%
Bathroom Added - $14,163 - 70%
Family Room Added - $47,780 - 65%
Master Suite - $64,238 - 63%
Home Office - $8,022 - 50%
Deck - $7,701 - 48%
Sunroom - $27,096 - 46%
Exterior Paint - $8,342 - 43%
New Roof - $11,020 - 42%
Basement Refinish - $39,728 - 37%
In-ground pool - $20,000 - 0 to 25%
These base figures seem a little high to us but the percent of return is about right.