Whether you’re an avid fan of home improvement shows or not, you likely have an inkling that fresh updates and renovations can entice homebuyers. But how much will a certain remodel run you? And perhaps more importantly, will it really help you come resale time?
The Remodeling 2016 Cost vs. Value Report, produced by Remodeling, details estimated costs for 27 home-improvement projects from roofing to basement details to kitchen and bath remodels. The report also includes an estimated value homeowners can expect to recover from a specific renovation or addition when they sell their home.
Bigger and more expensive projects, rising new-home prices, curb appeal, and energy efficiency all contributed to a slight gain in remodeling projects’ payback at resale, according to the report. The figures in this infographic by eReplacementParts creates a helpful guide below organized by region as well as the national average.
To learn more and view all 36 project cost and value estimates, check out www.costvsvalue.com, where you can download the report in its entirety for free. Let me know in the comment section below what project you’re considering completing and where you live. I’d love to hear from you!
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