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Resale Value of Remodeling
Some home improvements will pay for themselves over time in energy savings. Others may more than return their cost by boosting a home's resale value. Some will never earn back their entire cost in financial terms buy may yield great returns in simple enjoyment value.
The following information is provided to give you an idea of the projected resale value of the most common home improvements.
(These figures represent averages and each improvement's value will be different depending on when the work was done and how well it was done).
The Dollars and Sense of Home Improvements
Improvement | Percent of cost likely to be recovered in resale |
Remodeled Kitchen | 75% to 100% |
Remodeled Bath | 40% to 75% |
Add a Master Suite | Up to 100% |
Add a Garage | 60% to 100% |
Add additional Bedroom(s) | Up to 100% |
Add a Full Bathroom | 40% to 75% (depends on the # of existing baths) |
Add a Family Room | Up to 100% (return declines as cost increases) |
Add a Redwood Deck | 40% to 90% |
Landscaping | 40% to 75% |
Concert Swimming Pool | Up to 40% |
Exterior Repainting | 50% to 60% |
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