Best home improvement investments | TheFencePost.com

Best home improvement investments

FamilyFeatures.com

Family Features

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?

For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.

In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?

For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

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The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.

In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.

Whether it’s time to sell the house, or it’s just time to make some improvements, it’s important to know which projects will be the best investments. You may really want to put a hot tub in the bathroom, or create an outdoor room, but will you recoup any of those costs when you sell the house? Where’s the smartest place to invest your hard-earned money?

For the past 20 years, the National Association of Realtors and Remodeling magazine have produced the Cost vs. Value Report, a detailed analysis of 30 different key home improvement projects. The report shows how much the projects cost and what they typically recoup in value when a home is sold. The figures are adjusted by region as well as shown as a national average.

The 2008-2009 Cost vs. Value Report indicates that while the average home price has fallen by a national average of 7 percent, the value of homeowners’ remodeling investments has declined less than 4 percent. As the housing market has slowed, there are fewer upscale projects being done. Instead, the focus is on curb appeal projects.

In comparing the national averages, replacement projects that boost curb appeal – siding, windows, and decks – give you the greatest chance of recouping your money. Inside, only kitchen remodels can compare, at least on a national level.