Home Remodeling Costs Versus Value

Home Remodeling Costs Versus Value

The 2015 Cost v. Value on home remodeling was just released showing which home project bring you the best bang for the buck!  The great Image titlething about the report is that it takes into consider geographical areas and Greenville SC is one of the target areas so we can get a good idea of what projects can truly do for our home values.

On the top of the list of the best bang for the buck, and the only 2 projects that has a return above 100%, is replacing that old front door as well as the garage door.  The job cost of replacing the front door with a new steel door is approximately $1141, but the value it produces is $2000. That's a  return of 175%!  The garage door replacement will cost you $1491 and will also produce $2000 value for a 134% return.

On the other end of the scale, the worst bang for the buck, are additions.  Adding that sun room will cost around $70,000 but will only add about $25,000 in value for a return of 35%.  Adding a second story to a home will cost about $145,000 and will add $55,000 in value for a return of 37%.

Some of the more popular remodeling projects:

Bathroom Remodel:  97%

Deck Addition:  84%

Major Kitchen Remodel:  71%

Vinyl Window Replacement:  63%

If you'd like the complete report including dozens of categories, just send an email to gene@greenvillehomebuyer.com and put Greenville Cost v. Value in the subject line.

Gene Donohue Headshot
Phone: 864-506-2151
Dated: January 14th 2015
Views: 580
About Gene: ...

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