Cost Vs Value 2007 Report - Where to Spend Your Dollar?
You may be considering a renovation within the next year. Perhaps you will be fixing up the house to sell. Perhaps you may want to enjoy the upgrades yourself for a few more years. Either way, you should have a budget. You want to get the most value out of your renovation dollar. How will you know what projects give you the most return for your money? I have the answer.
Renovation Magazine does a study every year to determine which projects return the highest value when you sell the house. What is worth more; a kitchen remodel or adding the extra room? Should you renovate your basement or fix the siding? You probably won’t get 100% back on each dollar you spend but you can maximize your investment using this guide.
Click the link below and see the average costs of midrange and upscale renovation projects in New York State. I have ranked them for you showing the projects with the highest return on top for your dollar. If you want to read the full study, click the link on the bottom of the page.
Click Here for Midrange Projects
Click Here for Upscale Projects
Need more info, or a renovation professional? Who better to ask than a realtor? AskRey.